This question contains two parts; be sure to answer both. First, what benefits can teamwork achieve? Second, suppose the dean of your college or university asked you to assemble a team of five people (plus yourself) to examine the parking problem on campus (too many students, not enough parking spaces). Describe five people you would choose to be on your team, explaining why each is qualified to serve on the team.
What will be an ideal response?
Teamwork matters because it can support the organization's mission and strategy by enhancing performance in several ways. Teamwork brings to organizations more and different ways of seeing a problem and, thus, faster/better ways of solving it. The benefits of teamwork include:
Increased productivity
Increased speed
Reduced costs
Improved quality
Reduced destructive internal competition
Improved workplace cohesiveness
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As Ben manages communications for his company's watch brand, which has reached the decline stage in the product life cycle, which of the following marketing communications mix tools is he most likely to continue?
A) interactive marketing B) advertising C) personal selling D) direct marketing E) sales promotion
Local income taxes may be taken as an itemized deduction on your federal tax return
Indicate whether the statement is true or false.
Earnings available to common shareholders represents income that may be reinvested in the firm
or distributed to its owners. Indicate whether the statement is true or false
Which of the following is included in Gross Income?
A) interest earned on savings accounts B) rental income on property C) wages and tips D) profit made by an entrepreneur E) all of the above