Effective Teams Have Confidence in Themselves and Believe They Can

question 23

Multiple Choice

Effective teams have confidence in themselves and believe they can succeed.This is termed:

• A)social facilitation.
• B)social loafing.
• C)goal congruence.
• D)team efficacy.

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Definitions:

Interest Rate

The cost of borrowing money expressed as a percentage of the total amount borrowed, or the interest income earned on an investment.

Demand

The desire to purchase goods and services backed by the ability and willingness to pay, at a specified price.

Loanable Funds

A concept in economics that describes the market where borrowers and lenders meet to transact loans or bonds.

Nominal Interest Rate

The interest rate before adjustments for inflation; the rate quoted by financial institutions.