‘In recent years as organizations have been striving to hone their competitive advantage, many have been organizing work around specific types of groups known as teams.’ Discuss the nature of teams by describing their key characteristics and identify the various types of teams that exist with examples from the above case.?

Answers

Answer 1

The nature of teams is such that they are comprised of individuals with complementary skills who work together to achieve a common goal or objective.

Teams are different from groups in that they have a shared sense of purpose, mutual accountability, and a shared responsibility for outcomes. Key characteristics of teams include clear objectives and goals, open communication, collaboration, mutual respect, and trust.

There are various types of teams, including:
1. Cross-functional teams - These are teams that are made up of individuals from different functional areas within an organization, such as marketing, finance, operations, and human resources. Cross-functional teams enable organizations to bring together individuals with different perspectives, skill sets, and knowledge to solve complex problems and drive innovation. An example of a cross-functional team is a project team that is responsible for launching a new product or service.

2. Virtual teams - These are teams that work together across geographic and time boundaries using communication technologies such as email, video conferencing, and instant messaging. Virtual teams enable organizations to access a wider pool of talent and expertise and can reduce costs associated with travel and office space. An example of a virtual team is a team of software developers who work remotely from different locations to develop a new software application.

3. Self-managed teams - These are teams that are responsible for managing themselves and their work processes. Self-managed teams are empowered to make decisions, plan and organize their work, and hold each other accountable for outcomes. An example of a self-managed team is a team of nurses who work in a hospital ward and are responsible for managing patient care and treatment plans.

4. Problem-solving teams - These are teams that are brought together to solve a specific problem or issue. Problem-solving teams are typically temporary and are disbanded once the problem has been resolved. An example of a problem-solving team is a team of engineers who are brought together to identify and solve a technical problem with a piece of equipment.

5. Task-oriented teams - These are teams that are formed to accomplish a specific task or goal, such as conducting a market research study or designing a new website. Task-oriented teams are typically disbanded once the task has been completed. An example of a task-oriented team is a team of graphic designers who are brought together to design a new logo for a company.

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Related Questions

Look at the equation framework.

3 empty boxes show the parts of an equation. The first box = the second box minus the third box.
Which of the following lists the proper placement of terms, from left to right, to complete the equation?

revenue, profit, opportunity cost
profit, revenue, production cost
production cost, profit, revenue
opportunity cost, revenue, profit

Answers

Answer:

profit, revenue, production cost

Explanation:

Profit is the rewards or gains realized for engaging in business activities. A business is profitable when revenue is more than the expenses.

Revenue is the income generated from the normal business activities of selling goods and services.

Production costs are the expenses incurred in making goods meant for sale.

Answer:

B

or

profit, revenue, production cost

Explanation:

Which legal provision is acting as a hurdle in Karen's business expansion? Karen owns a designer clothing store in a small town. Since her store is the only store that offers designer outfits, she charges high prices for them. In the same town, another store deals in similar apparels but offers them at cheaper rates. Karen wants to maintain the exclusivity of her store. She is planning to slash prices. This move may incur losses. However, she is determined to give a tough competition to her competing store and ensure that it goes out of business. Karen can come under government scrutiny for her monopolistic practices under .

Answers

Karen can come under government scrutiny for her monopolistic practices under Antitrust law. The government uses Antitrust laws to prevent creation of monopolies.

In a market with "no competition," just one supplier of a given good or service exists. This condition is known as a monopoly. This contrasts with oligopolies and oligopolies made up of a small number of dominant sellers, which are about the control of a single entity in the market to acquire products or services.

Therefore, the absence of viable replacements for the production of an item or service, the lack of economic rivalry, and the likelihood that the monopoly price is significantly higher than the seller's marginal cost are the characteristics of a monopoly.

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could someone explain to me what the money market in Italy is, thank you all​

Answers

Explanation:

Two main markets comprise the Borsa Italiana: the Mercato Telematico Azionario (MTA), which is the segment for mid- and large-size companies; and the AIM Italia, which was established in 2009 to cater for high growth small and medium enterprises needing more flexibility around the reporting and governance requirements.

Where can you locate the Function Library group?
View tab of the ribbon
Formulas tab of the ribbon
File tab of the ribbon
Insert tab of the ribbon

Answers

Answer:

I can locate the function library group on formulas tab of the ribbon.

You locate the Function Library group on the Formulas tab of the ribbon. The correct option is B. Select the Formulas tab on the Ribbon to open the Function Library. Look for the Group Function Library.

What is the library function answer?

Predefined functions are library functions. The developer includes some built-in functions to help the user work. We don't need to write our own code for some operations. We can simply use one of the library functions to complete our task.

The formulas tab contains a function library. The function library on the formulas tab is a great place to start learning about functions. Here you can search for and select Excel functions. The Function Library Group enables the user to use all of the formulas in Excel. The function is automatically inserted in the selected cell.

Thus, the ideal selection is option B.

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Which is not a factor that an insurance company would consider before
setting the cost of a health insurance policy?

A.where the policyholder lives
B. the age of the policy holder
C.wether the policyholder has a mortgage
D.wether the policyholder smokes tabbaco

Answers

Answer: C, wether a policyholder has a mortgage.

Explanation: Age is information that is almost always required when handling finance, as well as your location. I’m not sure why smoking tobacco is included, but it is. So there for, mortgage is the anwser, because people can have apartments.

Wether the policyholder has a mortgage is not a factor that an insurance company would consider before setting the cost of a health insurance policy. Thus, option (c) is correct.

What is insurance?

The term "insurance" refers to a person who is used for a safety and security purpose. Insurance is a way to manage your risk. The various types of insurance, such as life insurance, property insurance, vehicle insurance, and health insurance.

Health insurance refers to those people whose insurance is related to health. They are mostly company-preferred to employees, workers, and laborers' health insurance policies for safety purposes.

For example, factory workers' health insurance is required because they use machines, and electric company employees' insurance is required because they work with electricity.

Thus, option (c) is correct.

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write about veterinary service available in you locality​

Answers

Answer:

write your locality not my locality there is your locality

Q. Rakesh owns a garment shop. He wants to expand his business but he is confused whether to appoint a manager or go in for a partner. Which is the better option and why?

Answers

Answer:

He should appoint a manager.

Explanation:

Rakesh must appoint a manager if he wishes to expand his business of garment shop. The manager will constantly strive to attain the desired goals on behalf of Rakesh. It will give sufficient time to him which he can use in looking for new target markets and customers, new products or items which he can add on to his shop, and much more. Meanwhile, the manager will lead the work and keep ensuring that the employees are working efficiently by motivating them. He will take all the necessary decisions to ensure that the intended profits and goals are achieved.

What is one advantage corporations have over other types of businesses?
O A. Corporations are the easiest businesses to set up.
B. Corporations have a nearly unlimited life span.
C. Corporations have fewer legal regulations to follow.
O D. Corporations are controlled by only one person.
SUBMIT

Answers

Answer:

B

Explanation:

ONE advantage corporations enjoy over other business forms is B. Corporations have a nearly unlimited life span.

Corporations do not cease to operate if one or some of the owners die. Each stockholder's shares are transferable by inheritance or sale. Corporations enjoy perpetual existence.

Other advantages of corporations over other business forms are:

Shareholders enjoy the protection of personal liability (limited liability of ownership)Shareholders have a business that is professionally managedThe business type has easy access to funds.

Unfortunately, corporations are not the easiest to form because of the rigid formalities accompanying their formation and management. Shareholders suffer double taxation because the corporation pays taxes as an entity, and shareholders pay another tax when they receive dividends. The legal regulations are many and time-consuming.

Thus, the unlimited life span of corporations makes them the best form of business since control and ownership of a corporation are not limited to one individual.

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Food, shelter, and clothing are examples of:
a) Wants
b) Secondary needs
c) Tertiary needs
d) Primary needs

Answers

Answer:

Primary needs

Explanation:

Because without food you'll starve, without shelter you could freeze to death or have a heat stroke and clothing are able to contain your heat in cold weather

Food, clothing, and shelter are the basic or primary needs because, without these elements, it is impossible to live.

What do you mean by food?

Food refers to the substance that is consumed to provide nutritional support to any organism.

The basic needs include food, shelter, and clothing because food to eat, clothing to wear, and shelter from the elements are important for living.

These three are listed as basic human needs. Therefore, D is the correct option.

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labels must use words that are easily understood by the ordinary marketing executive. (True or False)

Answers

The given statement "labels must use words that are easily understood by the ordinary marketing executive" is true. The reason for this is that labels are an important aspect of a product's packaging, as they convey vital information about the product to the customer.

These labels should be simple and easy to understand, as the average consumer may not have a background in the industry or specialized knowledge about the product.

A label that uses complex technical language or industry jargon can confuse customers and deter them from purchasing the product. This is especially important in the food industry, where labels must clearly indicate ingredients, nutritional information, and potential allergens.

Moreover, labels must be easily understandable by the ordinary marketing executive who is responsible for promoting and selling the product. The marketing executive needs to have a clear understanding of the product and its features to be able to market it effectively. If the labels are too complex, the marketing executive may struggle to convey the product's key features and benefits to potential customers.

In summary, labels must be simple, clear, and easily understood by the average consumer and marketing executive. This helps ensure that the product is marketed effectively and customers are well-informed about its key features and benefits.

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Which of the following is most likely to create a long-term trend?
A. Fashion
B. Entertainment
C. Television shows
D. Demographics

Answers

Demographics is most likely to create a long-term trend. Demographics is the study of the characteristics of human populations, such as age, sex, education, income, and race. The correct answer is option D.

These factors have a significant impact on consumer behavior, and thus, they can create long-term trends in the marketplace. As people age, their preferences change, and they tend to consume different products and services. For example, as the baby boomer generation has aged, there has been a trend towards products and services that cater to their needs, such as retirement communities, healthcare, and leisure activities.

Additionally, changes in education, income, and race can create new trends in consumer behavior. For example, if there is an increase in the number of people with higher education degrees, this could lead to a trend towards products and services that cater to their needs, such as high-tech gadgets, gourmet foods, and luxury vacations. Therefore, demographics is most likely to create a long-term trend. The correct answer is option D.

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Please select the word from the list that best fits the definition Enjoy music in their free time

Answers

Answer:

Auditory Learners

Explanation:

I got it right on edge 2022.

hello , What are three common tools for qualitative research in business and marketing?

Answers

Answer:

they would be in-depth interviews, focus group discussions and observation over data

Explanation:

Hope this helps, please rate and mark as brainlest :)

What might be an advantage of using credit

Answers

it builds your credit
You can buy things immediately when you don’t have your own personal money, and pay it off later on.

if the mean is 32 and the median is 40 what would be value of mode

Answers

Answer:

Step-by-step po:

3 Median = Mode + 2 Mean

Given: Mean = 30  / Mode = 40

Now: 3 Median = Mode + 2 Mean

=> 3 Median = 40 + 2 (30)

=> 3 Median = 40 + 60

=> 3 Median = 100

=> Median = 100/3

=> Median = 33.3

Explanation:

Ics provides a standardized approach to the command control and coordination of:.

Answers

ICS provides a standardized approach to the command control and coordination of On-scene emergency personnel.

What is ICS?

ICS refers to the Incident Command System, which is a system that follows a standardized approach which provides control of emergency and common hierarchy hence, responders from the agencies could be more effective.

On- scene emergency which become vital part of the situation or activity and in this ICS offers a approach to the coordination and command of the emergency personnel.

Hence, ICS provides a standardized approach to the command control and coordination of On-scene emergency personnel.

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I need suggestions and opinions on this first draft, please.

I need suggestions and opinions on this first draft, please.

Answers

Answer:

It looks amazing! Great job!

A researcher was interested in the relationship between annual electricity bills ($000) of an office, average outside temperature

o



o

C

and office size (square metres). A random sample was selected, and data collected. EXCEL was used to create a multiple linear regression, with a portion of the output provided here:

Regression statistics

Answers

The regression statistics for a multiple linear regression of the relationship between annual electricity bills ($000) of an office, average outside temperature (°C), and office size (square meters) are given below:

Regression Statistics for multiple linear regression:

Multiple R: It is the correlation coefficient between the predicted and actual values of the dependent variable (annual electricity bills).

Adjusted R-squared: It is the proportion of variation in the dependent variable that is explained by the independent variables. It is adjusted for the number of independent variables in the model.

Standard Error: It is the estimate of the standard deviation of the error term.

Multiple R-squared: It is the proportion of variation in the dependent variable that is explained by the independent variables. It is not adjusted for the number of independent variables in the model.

F-statistic: It is the ratio of explained variance to unexplained variance and is used to test the overall significance of the regression model.

df: It represents the degrees of freedom for the model and error terms.

N: It represents the sample size.

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Mrs. Cook carries limits of liability of $100,00/$300,000/$50,000 on her personal automobile policy. After an accident, Mrs. Cook's insurer paid $80,000 in bodily injury damages and her defense costs were $40,000. What amount did the insurer pay as a result of this accident?

Answers

Answer: $120,000

Explanation:

Based on the information given, the amount that the insurer will pay as a result of this accident will be gotten by adding the amount of bodily injury damages and the defense costs. This will be:

= $80000 + $40000

= $120,000

Therefore, the insurer will pay $120,000.

a sporting goods store decides to lower prices on high-end sports equipment. how could this change affect market equilibrium?(1 point)

Answers

Based on economic concepts, decrease in price of high-end sports equipment could have effects on market equilibrium.

Effect of decrease in price in market equilibrium?

A decrease in price of high-end sports equipment could have the following effects on the market equilibrium are Increase in quantity demanded: If the price of high-end sports equipment decreases, consumers may feel that the equipment is now more affordable and therefore may demand more of it, Shift in the demand curve: The decrease in price would cause the demand curve to shift to the right, reflecting an increase in the quantity demanded at each price level and New market equilibrium: The new market equilibrium would occur at a higher quantity of high-end sports equipment sold and a lower price. The store's decision to lower prices may result in a higher total revenue due to the increase in quantity demanded.

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A bond has a maturity of 12 years, a duration of 9.5 years at a promised yield rate of 8%. What is the bond's modified duration?

Answers

A bond has a maturity of 12 years, a duration of 9.5 years at a promised yield rate of 8%.

The bond's modified duration is 8.81.

Modified duration is an extension of Macaulay's duration,

which is used to calculate the duration of fixed-income securities.

Modified duration calculates the sensitivity of a bond's price to changes in interest rates.

The modified duration formula is:

Modified duration = Macaulay duration / (1 + yield to maturity / number of coupon payments per year)

Where:

Macaulay duration is the weighted average time to receive all cash flows (coupon payments and principal repayment) of a bond.

Yield to maturity is the rate of return expected on a bond

A bond's promised yield rate is given as 8%.

The number of coupon payments per year can be determined as 2 because the bond matures in 12 years.

Hence,

the bond has 24 coupon payments,

payments per year.

The Macaulay duration is 9.5 years.

Modified duration = 9.5 / (1 + 0.08 / 2)

Modified duration = 8.81

the bond's modified duration is 8.81.

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which of the following changes would not shift the supply curve for a good or service? group of answer choices a change in production technology a change in the price of the good or service a change in expectations about the future price of the good or service a change in input prices

Answers

The supply curve for a good or service would not change if the price of that good or service changed. Therefore, option (b) or (ii) is the correct change.

What causes the supply curve to shift?

Shift in the supply curve: Variations in the cost of production and related factors can cause a whole supply curve to move to the right or left.

As a result, a bigger or lower amount is provided at a specific price. If no other things change, supply curves show how prices and quantity delivered are related.

One of the elements that shift the supply curve is not a change in the product's price per se.

Although a change in a good or service's price frequently results in a shift in the quantity supplied or along the supply curve for that particular good or service, it does not change the shape of the supply curve.

Hence, the only variable that has no impact on the supply curve is option b. Thus, the correct response is b. a change in the price of the commodity or service.

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The salary at the new job is a(n). The benefits at the job are a(n). The job’s location is a(n). The potential for job satisfaction is a(n).

Answers

There are different kinds of employment benefits. The answers to the questions are;

The salary at the new job is an advantage The benefits at the job are an advantage The job's location is an advantageThe potential for job satisfaction is an advantage

There are different benefits from finding a good job. They include insurance in both medical, life, dental etc., vacation pay, holiday pay, maternity leave, bonuses etc.

Getting a good Job that has a good pay and very close to one's residence  is very  important as it will reduce your cost of spending.

See full question below

Keisha has received an offer for a job that pays a higher salary than her current job. It also offers health insurance for all the members of family. The new job is a distance from her home and will require a long commute, which will take her away from her family for many hours of the day. In addition, it provides the promise of advancement and future opportunities at that company. The salary at the new job is a(n) . The benefits at the job are a(n) . The job’s location is a(n) . The potential for job satisfaction is a(n) .

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Answer:

The salary at the new job is a(n)

✔ advantage

.

The benefits at the job are a(n)

✔ advantage

.

The job’s location is a(n)

✔ disadvantage

.

The potential for job satisfaction is a(n)

✔ advantage

A Choir has


30 total members.


14 are boys.


How many are girls?


Choose the answer that shows the ratio of boys to girls in simplest form.


Moot


O


о


Gl Glos


o


7


15

Answers

To determine the number of girls in the choir, we subtract the number of boys from the total number of members:

Total members - Boys = Girls

30 - 14 = 16

So, there are 16 girls in the choir.

To find the ratio of boys to girls in simplest form, we divide the number of boys by the number of girls:

Boys / Girls = Ratio

14 / 16 = 7/8

Therefore, the ratio of boys to girls in simplest form is 7:8.

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___________ alignment exists when all of the HR policies and practices that comprise the HRM system are consistent with each other and they present a coherent message to employees about expected behavior at work.
- longitudinal
- horizontal
- parallel
- Bi-directional
- vertical

Answers

Answer:

The term that fits the given definition is "horizontal alignment." This refers to the consistency between various HR policies and practices within the HRM system, which creates a cohesive and coherent message for employees regarding expected behavior at work.

Explanation:

This alignment can help ensure that all HR policies and practices are working together to support the organization's goals and objectives, as well as to create a positive work environment for employees. Horizontal alignment can be achieved through regular review and evaluation of HR policies and practices, as well as by ensuring that all HR stakeholders are involved in the process. By creating a consistent and integrated HRM system, organizations can improve their overall performance and effectiveness, and also enhance employee satisfaction and engagement.
Your question is related to the concept of HR alignment, which refers to the consistency and coherence of HR policies and practices within an organization. The term you are looking for is "horizontal alignment."
Horizontal alignment exists when all of the HR policies and practices that comprise the HRM system are consistent with each other and present a coherent message to employees about expected behavior at work. This type of alignment ensures that various HR functions, such as recruitment, training, performance management, and compensation, support and reinforce one another. This consistency enables the organization to effectively manage its human resources and achieve its strategic objectives.
In contrast, vertical alignment refers to the alignment of HR policies and practices with the overall business strategy, ensuring that the HRM system supports the organization's goals and objectives. Both horizontal and vertical alignment are crucial for a successful HRM system and, ultimately, organizational success.

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​As people use more and more of a product, they encounter increasing marginal utility.

Select one:
True
False

Answers

Answer:

True

Explanation:

Utility is the satisfaction derived from consuming a product or service i.e the pleasure or happiness a consumer gets in using a product.

Marginal Utility on the other hand is the additional, extra satisfaction or benefits that an individual or consumers derives from buying an additional unit of a commodity or service. This simply states that when someone buys a particular product and consumes more of that product such person has undergo increasing marginal utility.

E.g Mr. A bought pasta yesterday and buy same today and day after , he's only buying cause of the satisfaction he derives in consuming pasta. And by so doing, he has encounter and increasing marginal utility.

if you deposit $100 into a savings account which compound interest every month at a 5 % yearly interest rate, what is the expression for the amount of

Answers

The interest earned after two years $70.28177.

This is the foremost basic variety of account you'll be able to open at any bank. A savings account, by definition, permits you to deposit your cash, safe with the bank, thus you do not have to be compelled to carry it around with you or hide it in this rusty recent steel safe reception. don't fret, you'll be able to withdraw these funds after you want them.

The interest rate is that the quantity a loaner charges a receiver and could be a share of the principal—the quantity loaned. The charge per unit on a loan is usually noted on an annual basis referred to as the annual share rate (APR).

The question is incomplete, find the complete question here

if you deposit $100 into a savings account which compound interest every month at a 5 % yearly interest rate, what is the expression for the amount of the interest earned after two years?

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Which is an example of a small business showing social responsibility to individuals within the company?
A. starting an office recycling program
B. developing sustainable business practice
C. donating money to local organizations
D. allowing employees to work from home

Answers

Starting an office recycling program, developing sustainable business practice and donating money to local organizations are examples of a small business showing social responsibility to individuals within the company.

Company have a social responsibility to the communities in which they operate. This includes ensuring that they are good corporate citizens, providing support for local causes and charities, and protecting the environment.

Sustainable business is a term that is often used to describe businesses that are environmentally friendly or that have a positive social impact.

Hence, the correct options are "A, B & C".

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Which of the following statements accurately describes the balance sheet? Check all that apply.

-Allows assets to exceed liabilities plus equity if the company's stock price has grown rapidly

-Shows operating performance over a period of time

-Uses "current" to mean an account with an expected life of less than a year

-Shows operating performance on a specific date

Answers

The following statements accurately describes the balance sheet is: Uses "current" to mean an account with an expected life of less than a year and Shows operating performance on a specific date.

Uses "current" to mean an account with an expected life of less than a year and Shows operating performance on a specific date.The balance sheet is an essential financial statement that provides a snapshot of a company's financial position at a specific point in time. It enables investors and analysts to assess the company's financial health. The balance sheet uses "current" to mean an account with an expected life of less than a year and shows operating performance on a specific date.

The balance sheet is one of the financial statements that are used to evaluate the financial condition of a company. It shows the company's assets, liabilities, and equity at a particular point in time. It is an essential tool for investors, creditors, and analysts who need to assess the company's financial health.

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which organization offers certification programs for group fitness instructor, health coach, certified medical exercise specialist, and personal trainer?

Answers

One organization that offers certification programs for group fitness instructor, health coach, certified medical exercise specialist, and personal trainer is the American Council on Exercise (ACE).Another organization that offers similar certification programs is the National Academy of Sports Medicine (NASM).

The American Council on Exercise (ACE) offers certification programs for group fitness instructors, health coaches, certified medical exercise specialists, and personal trainers, providing comprehensive training and credentials for professionals in the fitness industry.

The National Academy of Sports Medicine (NASM) offers certification programs for group fitness instructors, health coaches, certified medical exercise specialists, and personal trainers, equipping individuals with the knowledge and skills needed to excel in the field of sports and fitness.

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