Describe three characteristics of a self-managed team and explain how this strategy contributes to business success.
What will be an ideal response?
A typical self-managed team consists of 5 to 15 employees who produce an entire product instead of just parts of it. Team members learn all tasks and move from job to job. The resulting flexible workforce contributes to efficiency as members can fill in for coworkers. Team members also assume responsibility for tasks usually done by first-line managers (for example, hiring, scheduling, ordering materials) and this added autonomy and empowerment increase productivity.
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What should the first few sentences of the executive summary of the business plan show?
a. Your five year financial projections b. The vision of what you wish to create and the market position you wish to achieve c. The ideal investment amount being requested d. The venture’s go-to-market strategy
College Copy Shop (CCS) compiles, copies, and sells reading materials to students. The compilations are prepared on the instructions of professors, who indicate which parts of which publications should be included for their students. The copied
materials include texts published by Deep Topics, Inc CCS does not obtain the permission of Deep Topics, or any of the other original publishers of the copied materials, and does not pay royalties on the sales of the compilations. Deep Topics and others file a suit against CCS, alleging infringement of their intellectual property rights. Which type of intellectual property is involved in this situation? What is CCS's likely defense? How is a court most likely to rule? Explain.
An EIS must be filed for both private and governmental projects
Indicate whether the statement is true or false
A billboard for Under Armor appears in the game you are playing. This is an example of which of the following?
a. Display ad. b. Achievement badge. c. Dark ad. d. Transactional ad. e. Product placement.