At what stage would these behaviors be exhibited: ignoring disagreements, cooperativeness, and conformity to standards and expectations?
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. Standards and expectations have not yet been set.
B) Correct. During norming, the team is faced with creating cohesion and unity, differentiating roles, identifying expectations for members, and enhancing commitment. Team members are likely to be cooperative and to ignore any disagreements for the sake of 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.
D) During performing, the team is faced with the need for continuous improvement, innovation, speed, and capitalizing on core competencies. Team members do not ignore disagreements, but focus instead on using them productively.
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Directors usually declare dividends less than the legal maximum and thereby allow retained earnings to increase as a matter of corporate financial policy for what reason(s)?
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