Explain why teamwork can be superior to individual work
Teams can usually accomplish more work than individuals can. Synergy occurs when the team's output exceeds the total of the individuals' efforts. Furthermore, teams are more creative, have more information available to them, and may offer more pleasant interpersonal communication dynamics.
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Wilma locked herself in the trunk of a 1973 sedan in an attempt to learn a magic trick. After some time, she decided to get out of the trunk, but was unable to do so. She was released nine days later. She subsequently sued the manufacturer of the sedan for the psychological and physical injuries she sustained because the trunk did not have an internal release or opening mechanism that would have allowed her to escape. She alleged that the manufacturer was negligent in its design of the car because it lacked such a mechanism, and negligent because it failed to warn users that the trunk did not have such a mechanism. In this scenario, was the manufacturer of the sedan negligent for failing to warn, or failing to include a release mechanism in its design of the car?
What will be an ideal response?
When an uncollectible account is written off under the allowance method, the effect of the write-off is to
A) decrease net income. B) increase working capital. C) increase the accounts receivable net realizable value. D) leave total assets unchanged.
Which of the following is not a factor when determining how much information is given the scope of the presentation?
A) Number of members in the audience B) Time needed for the introduction C) Demonstrations D) Questions E) Videos
Identify each of the following accounts as a revenue (R), expense (E), asset (A), liability (L), or equity (SE) by placing initials (R, E, A, L or SE) in the blanks.____ 1. Salary Expense____ 2. Cash____ 3. Equipment____ 4. Common Stock____ 5. Fees Revenue____ 6. Accounts Receivable____ 7. Accounts Payable____ 8. Dividends____ 9. Supplies____ 10. Unearned Revenue____ 11. Prepaid Insurance____ 12. Office Furniture
What will be an ideal response?