Answer the following statement(s) true (T) or false (F)
1. Groups with fewer than three people tend not to derive the benefits of a collaborative team, and teams with more than seven people tend to have communication and control issues.
2. The effectiveness of work teams depends on how well they are managed and treated within the organization. If mismanaged, they can cause more harm than good.
3. A cross-functional team consists of a small group of workers who come together for a set amount of time to discuss and resolve specific issues.
4. The authors of this textbook, Chris Neck, Jeff Houghton, and Emma Murray, were used as an example of a virtual team.
5. One classic way of understanding teams and their effectiveness is to consider teams in terms of the contextual influences that affect their functioning, their composition, the processes they use, and the outcomes they achieve.
1. TRUE
2. TRUE
3. FALSE
4. TRUE
5. TRUE
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A company has developed the prototype of a mobile phone that it plans to launch in the next few months. The phone comes equipped with the most advanced technological features
As part of its test marketing efforts, the company allows customers to examine and use the prototype and also gathers feedback regarding product features and price. The results of this test marketing effort show that customers are willing to pay at least $500, considering the phone's various features. As such, the company has discovered customers' ________. A) last paid price B) expected future price C) lower-bound price D) upper-bound price E) typical price
A ________ is permission to use a piece of land in a manner prohibited by the zoning laws
A) variance B) continuance C) grievance D) nuisance
Which of the following statements is FALSE? In malicious prosecution
A) criminal charges are laid against a person who is innocent B) crown attorneys cannot be the defendant C) there was no reasonable grounds for bring the criminal charges against a person D) a person or a corporation can be liable for this tort E) the person who caused the charges to be laid acted with malice or an improper motive
Seventy percent of the students applying to a university are accepted. What is the probability that among the next 18 applicants,
a. at least 6 will be accepted? b. exactly 10 will be accepted? c. exactly 5 will be rejected? d. fifteen or more will be accepted? e. Determine the expected number of acceptances. f. Compute the standard deviation.