Sarah and Bill were recently hired at the local manufacturing plant. Before being hired, they were interviewed by the team members with whom they were going to work. The team contained members from various areas of the manufacturing process. As part of the training process, Sarah and Bill met the other team members a number of times, and learned how to perform several administrative tasks, including scheduling work assignments for the team. Sarah and Bill's new team is an example of a ________.
a. Self-managed team
b. Virtual team
c. Project team
d. Advice team
e. Centralized team
a. Self-managed team
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The risk-return ratio is based on the principle that:
a. a low-risk decision should generate higher financial returns for a business. b. a high-risk decision should generate lower financial returns for a business. c. a high-risk decision should generate higher financial returns for a business. d. a high-risk decision should not affect the level of financial returns for a business. e. a low-risk decision should not affect the level of financial returns for a business.
Government markets consist of government agencies that buy goods and services ________
A) to produce public services B) to resell at a profit C) for further processing D) for personal consumption E) that are generally of poor quality