The key element of effective teamwork is
A) commitment to a common purpose.
B) adequate compensation.
C) strong presentation skills.
D) homogeneity among members.
E) striving for perfection.
A) commitment to a common purpose.
Explanation: The key element of effective teamwork is commitment to a common purpose. The best teams are those that have been given an important performance challenge by management and then have reached a common understanding and appreciation of their purpose.
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Water transportation is rated "low" in reliability since approximately 200 freighters sink due to bad weather or other factors
Indicate whether the statement is true or false
When a bankrupt company's only listed address and phone number is a post office box and an answering service, we may see this as a flag of what type of fraud?
a. Illegal concealment of assets b. Planned bankruptcy fraud c. Fraudulent transfers d. None of the above
Sunk costs:
A. differ among the alternatives. B. impact the future. C. are relevant. D. are not considered when evaluating new proposals.
A ________ income statement lists cost of goods sold as another expense and shows only one subtotal for total expenses.
Fill in the blank(s) with the appropriate word(s).