Team member activities that correspond directly to accomplishing the team's work are referred to as Taskwork process.
- here Taskwork processes are a category of teamwork processes and they encompass all the activities of team members that relate directly to the accomplishments of team tasks.
- Another type of taskwork processes are the decisions teams must make during their project life-cycle.
- where as Teamwork processes are operationalized as “members' interdependent acts that convert inputs to outcomes through cognitive, verbal, and behavioral activities directed toward organizing taskwork to achieve collective goals”
Teamwork consists of behaviors that are related to team member interactions and are necessary to establish coordination among individual team members in order to achieve team goals whereas taskwork consists of behaviors that are performed by individual team members and are critical to the execution of individual team.
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Answer:
RISK PREMIUM
Explanation:
The EMV that a person is willing to give up in order to avoid the risk associated with a gamble is referred to as the <em>Risk premium </em>
A risk premium is the return in excess of the risk-free rate of return an investment is expected to yield It is paid as a compensation to investors who are willing to take on a risk filled kind of investment .
and it can be calculated using this formula :: Risk Premium = Estimated Return on Investment - Risk-free Rate.
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