Explain electronic and virtual conflict.
What will be an ideal response?
Student answers will vary but should demonstrate understanding of how electronic and virtual conflicts are unique. When teams are geographically dispersed, as with virtual teams, team members tend to experience more conflict and less trust. Conflict management affects the success of virtual teams. In a recent study, avoidance hurt performance. Accommodation-conceding to others to maintain harmony rather than assertively attempting to negotiate integrative solutions-had no effect on performance. Collaboration had a positive effect on performance. The researchers also uncovered two surprises: compromise hurt performance, and competition helped performance. Compromises hurt because they often are watered-down, middle-of-the-road, suboptimal solutions. Competitive behavior was useful because the virtual teams were temporary and under time pressure, so having some individuals behave dominantly and impose decisions to achieve efficiency was more useful than detrimental.
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The Income Statement columns of a work sheet include all revenue and expense accounts
Indicate whether the statement is true or false
All of the following are external users of accounting information except:
A. Board of directors. B. Chief executive officer (CEO). C. Customers. D. Shareholders. E. Lenders.
Mr. Gordon, a resident of Pennsylvania, paid $20,000 for a bond issued by Delaware. This year, he received $800 of interest on the bond. His marginal state tax rate is 7%, and under Pennsylvania law, interest on debt obligations issued by another state is taxable. Mr. Gordon can deduct state income tax on his federal return, and his marginal federal tax rate is 35%. Compute his after-tax rate of return on the bond.
A. 3.825% B. 3.725% C. 4% D. 2.420%
Suppose previously your company decided that a process is out of control when the mean shifts by about 1 standard deviation. Now your company wants to declare a process as being out of control when the mean shifts by .50 standard deviations. In order to do this, the samples must be collected ____________________ often and/or the sample sizes must be ____________________
Fill in the blank(s) with correct word