Which of the Following Helps Explain the Current Popularity of Teams

question 42

Multiple Choice

Which of the following helps explain the current popularity of teams?

• A)Teams are a way to better utilise employee talents.
• B)Teams are less expensive.
• C)Teams are easier to manage.
• D)Teams promote social loafing.

---

Definitions:

Incentive Schemes Systems

Programs designed to motivate and reward employees for meeting or exceeding performance and productivity targets.

Goal Congruence

The alignment of the objectives of individuals or groups with the broader goals of the organization to ensure everyone works towards the same targets.

Value-based Management

A management approach that focuses on creating maximum value for shareholders and customers by basing decisions on their potential to increase value.

Economic Value

The value that an asset or service provides to its user, often measured in terms of its ability to generate income or save costs.