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Discuss the disadvantages of teams.

On Aug 01, 2024


-Groupthink. Like other social structures, business teams can generate tremendous pressures to conform. Groupthink occurs when peer pressures cause individual team members to withhold contrary or unpopular opinions and to go along with decisions they don't really believe in. The consequences of groupthink can range from bland, unimaginative work to outright disasters.
-Hidden agendas. Some team members may have a hidden agenda-private, counterproductive motives, such as a desire to take control of the group, to undermine someone else on the team, or to pursue an incompatible goal.
-Cost. Aligning schedules, arranging meetings, and coordinating individual parts of a project can take a lot of time and money.
-Overload. Some companies have embraced collaborative work approaches to such an extent that they're overloading employees with team assignments.
LA

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Refer to Figure 2-13. Which point(s) on the graph show unemployment of resources?

On Jul 31, 2024


T and W
LA

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Managers feel that dealing with diversity is a paramount concern because managers:

A) have low uncertainty avoidance.
B) must disregard customs and traditions.
C) must communicate with employees who have different values.
D) are given authority only if they have expertise.

On Jul 02, 2024


C
LA

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Which of the following is the best definition of liquidation?

A) The tax saving attained by a firm from interest expense.
B) Termination of the firm as a going concern.
C) The value of the firm is independent of its capital structure.
D) A firm's cost of equity capital is a positive linear function of its capital structure.
E) Financial restructuring of a failing firm to attempt to continue operations as a going concern.

On Jul 01, 2024


B