A _______ is defined as a small group of people with complementary skills who are committed to a common purpose, performance goals, and approach for which they hold themselves accountable.
A. cross-functional team
B. group
C. team
D. panel
E. formal group
C. team
A team is defined as a small group of people with complementary skills who are committed to a common purpose, performance goals, and approach for which they hold themselves mutually accountable.
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Becky wants to buy a car but cannot obtain a loan from the bank on her own. Lori agrees to be the co-signer on Becky's loan, on the condition that Lori would only be liable for the amount of the loan if Becky actually defaults on the loan. In this situation, Lori would best be described as a guarantor.
Answer the following statement true (T) or false (F)
Why have many managers in recent years moved toward emphasizing employee participation in the budgeting process rather than simply imposing the budget on the employees?
_________ refers to an environment in which people feel free to express their thoughts and feelings.
a. Physical safety b. Social safety c. Psychological safety d. Group safety
Which of the following statements about adding sustainability to a vendor analysis is accurate?
A. Sustainability is often a goal but is never part of how firms rate suppliers. B. Attention to sustainability can result in cost savings. C. Sustainability decisions may be the "right thing to do," but they don't impact a firm's bottom line. D. Firms only add sustainability to a vendor analysis if they see financial benefits. E. Most firms have rejected the use of sustainability in vendor analysis.