Scenario A

question 113

Multiple Choice

Scenario A. Use the information given below to answer the questions that follow.
Your organization uses teams extensively. In your new position as Regional Manager, you will be responsible for managing several different teams: • Your team is made up of regional managers who coordinate the work of the regional employees. As with all members of this team, you joined the team when you became a manager. • You supervise the salary survey team. This team is made up of employees from around the region who have been assigned to study the organization's current salary policies and recommend changes to make the organization more competitive for the best candidates. • Many of your subordinates have also been assigned to the service enhancement team, which has been formed to design new services for your organization to provide to customers. Each member of the team was selected for his/her technical expertise and knowledge.
-The regional managers' team is an example of a _____ team.

• A) work
• B) project and development
• C) parallel
• D) management
• E) virtual

---

Definitions:

Annual Percentage Rate

The annual rate charged for borrowing or earned through an investment, which includes all fees and costs.

Effective Annual Rate

The interest rate that describes the full amount of interest paid over one year, considering compounding.

APR

Annual Percentage Rate; the annual rate charged for borrowing or earned through an investment, inclusive of any fees or additional costs.

Effective Rate

The actual interest rate on a loan or investment, taking into account the effect of compounding over a given period of time.