Teams that work together over time and distance via electronic media to combine efforts and achieve common goals are called:

a. Virtual teams
b. Intranet teams
c. Self-managing teams
d. Internet teams
e. Cross-functional teams

Ans: a. Virtual teams

Business

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A convenience store ________

A) markets to segments comprised mostly of white-collar workers B) stocks narrow product lines that have wide, deep assortments C) carries a limited line of high-turnover goods for consumer self-service D) involves high operation costs due to full-service customer assistance E) is a multi-channel food and discount retailer that targets niche markets

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Commercial banks are lenders of last resort for small businesses

Indicate whether the statement is true or false.

Business