You find that you are asking yourself the following questions: "How can I show my support to others?" and "How can I fit in?" What stage of team development are you most likely at?
A) Forming
B) Norming
C) Storming
D) Performing
Answer: B
Explanation: A) Incorrect. During forming, the team is faced with the need to become acquainted with its members, its purpose, and its boundaries. Relationships must be formed and trust established. You are not quite to the point where you are attempting to show support to others.
B) Correct. During norming, the team is faced with creating cohesion and unity, differentiating roles, identifying expectations for members, and enhancing commitment, as well as figuring out one's own role in the team.
C) Incorrect. During storming, the team is faced with disagreements, counterdependence, and the need to manage conflict. Challenges include violations of team norms and expectations and overcoming groupthink. Team members are not primarily concerned with showing support for others.
D) Incorrect. During performing, the team is faced with the need for continuous improvement, innovation, speed, and capitalizing on core competencies.
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Which of the following money market investments is a draft written by the borrower and guaranteed by the bank on which the draft is drawn? It is typically used in international trade transactions
The borrower is an importer who writes the draft in payment for goods. A) Treasury bills B) repurchase agreement C) certificates of deposit D) banker's acceptance E) commercial paper