You are involved with a team where members encourage relationship-building roles and team members take responsibility for providing feedback regarding performance. Your team is in the norming stage

Indicate whether the statement is true or false.

Answer: TRUE
Explanation: The main challenge during the norming stage is to create a cohesive unit or sense of team. This is best accomplished through relationship building and clarifying performance expectations.

Business

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A retailer considering undertaking significant additional debt to finance a regional expansion needs to carefully evaluate its _____

a. collection period b. quick ratio c. accounts payable to net sales d. return on net sales

Business

In a formal buying organization, _____

a. existing personnel handle other functions b. organization costs are low c. the merchandising function is viewed as a distinct retail task d. responsibility and authority are generally not clearly defined

Business