What is a team’s culture and how is it created?
What will be an ideal response?
It is the shared perception of how the team should operate to accomplish its goals. Team norms, member roles, and patterns of interaction are included in team culture. Teams do not develop culture from scratch. Their norms and values are incorporated from the organization and society. Team culture is often developed through precedent (i.e., early life of the team and leader’s behavior).
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Tom is a habitual shopper at garage sales. Last Saturday he stopped at one where there were several types of used building materials for sale
At the low prices being asked, Tom knew that he could resell the items in another town for a substantial gain. Four things stood in his way: he could only make one round trip to resell the goods; his pickup truck bed would hold only 1000 pounds; the pickup truck bed could hold at most 70 cubic feet of merchandise; and he had only $200 cash with him. He wants to load his truck with the mix of materials that will yield the greatest profit when he resells them. Item Cubic feet per unit Price per unit Weight per unit Can resell for 2 × 4 studs 1 $0.10 5 pounds $0.80 4 × 8 plywood 3 $0.50 20 pounds $3.00 Concrete blocks 0.5 $0.25 10 pounds $0.75 Formulate this problem as a linear program.
On August 1 of the current year, Terry refinances her home and borrows $240,000. Terry is required to pay two points on the loan. The loan is secured by the residence and the charging of points is an established business practice in the area. The term of the loan is 20 years, beginning on August 1 of the current year. How much, if any, of the points may Terry deduct in the current year?
A) $0 B) $100 C) $240 D) $4,800
A cost that would be included in product costs under both absorption costing and variable costing is:
A. variable selling expenses. B. factory rent. C. supervisory salaries. D. variable manufacturing costs.
Fuzzy logic is the process within a genetic algorithm of randomly trying combinations and evaluating the success (or failure) of the outcome.
Answer the following statement true (T) or false (F)