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borishaifa [10]
3 years ago
12

Select the statement that best describes the recommended approach for developing team goals. The highest performing team member

develops goals for the team, which the team leader then approves. Individual team members should contribute to and have input over the common team goals. The team leader should determine all goals independently for efficiency, and then share the goals with the team for approval. Long term team goals should be developed by members of the highest level of organizational leadership, while short term goals are usually developed by lower level leaders.
Business
1 answer:
RideAnS [48]3 years ago
5 0

Answer:

Individual team members should contribute to and have input over the common team goals.

Explanation:

A team can be defined as a group of people or set of individuals with various skill set, knowledge and experience coming together to work on a project or task in order to successfully achieve a set goal and objective.

This ultimately implies that, a team comprises of individuals, workers or employees having complementary skills, knowledge and experience needed to execute a project or task successfully. Therefore, workers working as a team usually interact with the other team members and as a result, this enhances performance and strengthen the level of relationship they share.

Hence, the statement that best describes the recommended approach for developing team goals is that individual team members should contribute to and have input over the common team goals, so as to ensure they are all invested in the set goals.

Team goals shouldn't be created at the organizational level but instead it should be at the team level while being approved by the team leader.

In conclusion, team goals shouldn't be developed by any single team member.

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Which of the following would NOT be considered an investment in human capital?
bearhunter [10]

Answer:

B: Purchasing a new computer

Explanation:

Investing your money in a new computer does not teach you new skills so it would not be counted as an investment in human capital. Obtaining a college degree, attending a first-aid class, and paying for cooking lessons enhances your creativity and skills so they are the perfect examples of investments in human capital. Moreover, one of the major characteristics of investing in human capital is that they are intangible so that's another reason why purchasing a new computer cannot be categorized as an investment in human capital.

4 0
3 years ago
if the interview ask you do you have any questions? If i have nothing to ask, what do i say after answering answering all the in
Brut [27]

I would just say that I have no current questions, and thank the interviewer and express that you are excited to do what ever your are interviewing for.

7 0
3 years ago
The next step after developing a market-product grid and estimating market sizes in the segmentation process is to ________ appr
joja [24]

Answer:

<u>Select</u>

Explanation:

Marketing segmentation is usually done on the basis of demographic, which is based upon age composition or the population, psychographic which is based upon personality traits and the attitudes of consumers, geographical which is based as per the location of the consumers and behavioral which is based upon buyer buying habits and trends of past purchases.

Once the products in a particular market have been assigned i.e product market grid, and market size been estimated in terms of the estimated number of consumers within a segment, the next step is to select appropriate target markets.

Target markets refer to identified consumer groups with similar tastes, preferences and buying habits.

5 0
3 years ago
Crane Company wants to sell a sufficient quantity of products to earn a profit of $100000. If the unit sales price is $9, unit v
Strike441 [17]

Answer:

Break-even point in units= 300,000 units

Explanation:

Giving the following information:

Desired profit= $100,000

Selling price per unit= $9

Unit variable cost= $8

The total fixed costs are $200,000

<u>To calculate the number of units to be sold, we need to use the break-even point in units formula:</u>

Break-even point in units= (fixed costs + desired profit) / contribution margin per unit

Break-even point in units= (200,000 + 100,000) / (9 - 8)

Break-even point in units= 300,000 units

3 0
4 years ago
Thomas Kratzer is the purchasing manager for the headquarters of a large insurance company chain with a central inventory operat
11111nata11111 [884]

Answer:

199.02 units

Explanation:

The computation of the economic order quantity is shown below:

Data provided in the question

Annual demand per year = 5,750 units

The Cost of each units = $96

The inventory carrying cost per unit per year = $9

The average ordering cost per order = $31

So, economic order quantity is

= \sqrt{\frac{2\times \text{Annual demand}\times \text{Ordering cost}}{\text{Carrying cost}}}

= \sqrt{\frac{2\times \text{5,750}\times \text{\$31}}{\text{\$9}}}

= 199.02 units

Hence, the economic order quantity is 199.02 units

3 0
3 years ago
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