The terms “teams” and “groups” are often used interchangeably. Compare the two terms as it applies to organizations.

What will be an ideal response?


*A group usually consists of three or more people who work independently to attain organizational goals
*For example, in a small business, there might be three people in the marketing department; one might
be focused on sales, another on branding, and a third on the administration associated with those tasks
*In contrast, teams consist of a number of people, usually between three and seven, who use their
complementary skills to collaborate in a joint effort
*Teams with fewer than three people tend not to derive the benefits of a collaborative team
*Teams with more than seven people tend to have communication and control issues

Business

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The work product privilege:

A. considers a lawyer to be an officer of the court who is bound to work for the advancement of justice while faithfully protecting the rightful interests of his clients. B. is derived from the notion that the effective functioning of the judicial system will be undermined if a client does not feel free to speak fully and honestly with his or her attorney. C. prevents an attorney from divulging confidential information communicated to the lawyer by a client or potential client in the course of seeking to retain the attorney or otherwise seeking legal advice. D. covers information divulged to an attorney's subordinates, such as secretaries or paralegals.

Business

Define marketing implementation

What will be an ideal response?

Business

Under Section 11(a) of the 1933 Act, accountants are:

A. liable only if privity of contract is with the purchaser. B. liable only to purchasers who relied upon the omissions or falsities in the registration statements. C. liable for defective registration statements unless they can prove that they exercised due diligence. D. not liable to any purchaser of securities issued pursuant to a defective registration statement.

Business

Give an account of the functions of the World Trade Organization (WTO) and the formation of the WTO from GATT

What will be an ideal response?

Business