List the ingredients of effective teams.
What will be an ideal response?
The ingredients of effective teams are:
• Supportive environment
• Skills and role clarity
• Superordinate goals
• Trust
• Team rewards
• Empowerment
• Positive norms
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If a credit card is issued to a consumer under the age of 21, the credit card company is required to
A. notify the cardholder's parents so they can monitor their child. B. give a 60-day notice before making any rate hikes. C. obtain the signature of a cosigner who has the means to repay any debt. D. set reasonable spending limits.
It's best to think of breakthrough opportunities as opportunities that
A. appeal to the mass market. B. help innovators develop hard-to-copy marketing mixes. C. will quickly create a whole new industry of firms competing with similar marketing mixes. D. increase sales. E. will take profits to the highest level.
Audit reports that are compiled for advertising purposes are
A) equally useful for MPR. B) unreliable when used for MPR. C) read thoroughly by financial analysts. D) submitted to the SEC for verification. E) usually ignored by major advertising agencies.
In theory, the concept of differential pricing decreases total cost for a firm
Indicate whether the statement is true or false.