A Group Becomes a Team When

question 46

Multiple Choice

A group becomes a team when:

• A) one member of the group is selected as the leader.
• B) it is no longer held collectively accountable.
• C) it develops its own mission.
• D) problem solving is outsourced to individuals outside the group.
• E) effectiveness is measured by individual outcomes.

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Definitions:

Time Periods

Specific durations of time used for accounting purposes, such as fiscal quarters or years.

Discounted

The process of determining the present value of a future amount by applying a discount rate.

Present Value

The current value of a future sum of money or stream of cash flows, discounted at a specified rate of return.

Present Value

The current worth of a future sum of money or stream of cash flows, given a specified rate of return or discount rate.