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7nadin3 [17]
3 years ago
6

Discuss three problems associated with teams in organizations, applying concepts learnt in group /team dynamics with practical e

xamples.
Business
1 answer:
konstantin123 [22]3 years ago
6 0

Explanation:

The three problems associated with teams in organizations are:

  1. Group thinking
  2. Social loafing
  3. Conflicts due to hierarchy and unclear responsibilities.

Group thinking can affect the quality of work, productivity and innovation of the team, this problem arises as a result of establishing a decision consensus without carrying out sufficient testing, analysis and evaluations, as there is a need for the members to reduce conflicts and remain in the comfort zone so as not to disturb the consensual development of the team.

Social loafing is a problem observed when members of a team contribute less effort to achieve the expected results. This can lead to a decrease in innovative ideas and work overload for some team members.

In conflicts due to unclear hierarchy and responsibilities, they can be generated due to disagreements in the way a team is led and in the division of responsibilities that are not well established in a team, so there must be clear, direct communication and that conflicts be resolved ethically for the sake of the progress of teamwork.

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To rent a car for one week, a car rental company charges a $200 base price as well as $0.45 per mile. Jennifer will rent a vehic
Orlov [11]

Answer:

166mile

Explanation:

Given that:

Base price is $200

Mileage price = $0.45 per mile

Jennifer will rent a vehicle at this company, but she has a $275 budget.

Hence the possible number of miles that Jennifer can drive without exceeding her budget :

She will have to make a deposit of $200 which is the base price

($275 - $200) = $75

Now that she is left with $75

Recall,

1 mile = $0.45

X mile = $75

$75 × 1 mile = X mile × $0.45

X mile = 75/0.45

X mile = 166.666

Hence the maximum miles she will have to cover without incurring extra charges will be 166mile

8 0
3 years ago
Give a concrete example of how the type of college you choose can impact your total costs.
Zanzabum

Answer:

Because you chose to go to college instead of working, your opportunity cost is actually the sum of your college expenses plus the money you could have earned had you chosen not to work.

Explanation:

There are five main categories of expenses to think about when figuring out how much your college education is really going to cost: tuition and fees, room and board, books and supplies, personal expenses, and transportation. You can control some of these costs to some extent.

7 0
3 years ago
Creative Concepts Co. and Retail Investment, Inc., form a joint venture to purchase and sell high?end real estate to foreign buy
Korvikt [17]

Answer:

d. share profits and losses according to the state's Uniform Joint Venture Act.

Explanation:

7 0
3 years ago
Assume that you manage a risky portfolio with an expected rate of return of 17% and a standard deviation of 27%. The T-bill rate
Mice21 [21]

Answer:

The slope of the CML = (13% - 7%)/25% = 0.24

Explanation:

Given that:

expected rate of return of 17%

standard deviation of 27%.

The T-bill rate is 7%.

You estimate that a passive portfolio invested to mimic the S&P 500 stock index yields an expected rate of return of 13% with a standard deviation of 25%.

The slope of the CML is

Slope of the CML = (Expected return of Market - Risk free return)/Standard deviation of market

The slope of the CML = (13% - 7%)/25% = 0.24

= (0.13 - 0.07) /0.25

= 0.24

8 0
3 years ago
Sending products by _____ is the most expensive option available to producers. Answer rail truck ship plane
Anvisha [2.4K]
The correct answer for the question that is being presented above is this one: "plane." <span>Sending products by plane is the most expensive option available to producers. Using plane as a way to transport products can be quite expensive compared to rail, truck or ship.</span>
8 0
3 years ago
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