With Regards to the Sequence of Steps in the Team-Building

question 68

Multiple Choice

With regards to the sequence of steps in the team-building process which of the following is correct?

• A) Establishing a team mission statement; team goal setting; data gathering and analysis; implementing team goals; and evaluation of results
• B) Planning for team effectiveness; data gathering and analysis; establishment of team goals and objectives; implementing team goals; and evaluation of results
• C) Establishing a team mission statement; team cohesiveness training; data gathering and analysis; actions to improve team functioning; and implementing team goals
• D) Planning for team effectiveness; team goal setting; implementing team goals, evaluation of results; and reassessment of team goals
• E) Problems or opportunity in team effectiveness; data gathering and analysis; planning for team improvements; actions to improve team functioning; and evaluation of results

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Definitions:

Long Run

In economics, the long run refers to the period during which all factors of production and costs are variable, allowing for full adjustment to changes in the market or economy.

Minimum Price

A minimum price is a legally imposed threshold set above the equilibrium price, below which a certain good or service cannot be sold, often to protect producers.

Profitable Output

The level of production at which a business or economic activity yields the maximum profit.

Firm

A business organization, such as a corporation, partnership, or sole proprietorship, that sells goods or services to consumers in exchange for money.