What are the characteristics of effective project teams?
What will be an ideal response?
Effective project teams have a clear sense of mission, a productive interdependency, cohesiveness, trust, enthusiasm, and results orientation. A clear sense of mission is perhaps the number one predictor of success. Project teams perform well when there is a clear sense of purpose or goal for the project. Interdependency refers to the degree of joint activity among project team members that is required in order to successfully complete a project. Each individual brings special skills to the table and each must be aware of how these skills fit into the overall scheme and what skills that others provide. Cohesiveness refers to the degree of mutual attraction that team members hold for each other and their task. For a project team, trust can best be understood as the team's comfort level with each individual member. Enthusiasm is the key to creating energy and spirit that drives effective project efforts. Finally, result orientation suggests that each member of the project team is committed to achieving the project's goals.
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On December 31, 2009, Kallman Corporation had 160,000 shares of common stock issued and outstanding. On April 1, 2010, an additional 40,000 shares of common stock were issued for cash. During 2010, Kallman declared and paid dividends of $150,000 on its 20,000 shares of nonconvertible preferred stock. Net income for 2010 amounted to $400,000 . Kallman's earnings per share of common stock (rounded
to the nearest cent) for 2010 are a. $1.25. b. $1.32. c. $2.00. d. $2.11.
In a destination contract, the seller is required to replace any goods lost in transit.
Answer the following statement true (T) or false (F)
What function of physical distribution enables companies to compensate for dissimilar production and consumption rates and stabilize prices and availability of seasonal items?
A. Materials handling B. Warehousing C. Transportation D. Inventory management E. Order processing
Marcus wants to operate a business that represents (is one of) 99.9 percent of all employers in the United States. To do this she will operate a
A. small business. B. multi-national corporation. C. foreign corporation. D. conglomerate.