Foundations of Business Test 1 – Study Guide and Practice Questions Page 1 2026-03-16
Foundations of Business
Test 1 – Study Guide and
Practice Questions
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Team
is a group of people with complementary skills who work together to achieve a specific goal
manager-led team
The manager is the team leader and is in charge of setting team goals, assigning tasks, and monitoring the team's
performance. The individual team members have relatively little autonomy.
Self-managing teams
Have considerable autonomy. A manager or team leader may determine overall goals, but the
members control the activities needed to achieve those goals.
Cross-Functional teams
Cut across an organization's functional areas (operations, marketing, finance, and so on). Designed to take advantage
of the special expertise of members drawn from different functional areas of the company.
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Virtual team
Members can participate from any location or at any time of day, and teams can "meet" for as long as it takes to
achieve a goal or solve a problem—a few days, weeks, or months.
Effective teamwork
Members depend on each other. When team members rely on each other to get
the job done, team productivity and efficiency tend to be high.
Members trust one another.
Members work better together than individually. When team members perform
better as a group than alone, collective performance exceeds individual
performance.
Members become boosters. When each member is encouraged by other team
members to do his or her best, collective results improve.
Team members enjoy being on the team.
Leadership rotates.
Group Cohesiveness
Refers to the attractiveness of a team to its members. If its high, membership is quite satisfying to its members. If its
low, members are unhappy with it and may try to leave it.
Foundations of Business Test #1.pdf 3 Foundations of Business Test #1.pdf
Foundations of Business
Test 1 – Study Guide and
Practice Questions
FoundationsGuidehttps://www.stuvia.com/dashboard!@_)#*)(@$)($@*($@)($@*_
of Business Test 1 – Study Guide and Practice Questions.pdf 1 Foundations of Business Test 1 – Study Guide and Practice Questions.pdf
,Foundations of Business Test #1 Page 2 2026-03-16
Team
is a group of people with complementary skills who work together to achieve a specific goal
manager-led team
The manager is the team leader and is in charge of setting team goals, assigning tasks, and monitoring the team's
performance. The individual team members have relatively little autonomy.
Self-managing teams
Have considerable autonomy. A manager or team leader may determine overall goals, but the
members control the activities needed to achieve those goals.
Cross-Functional teams
Cut across an organization's functional areas (operations, marketing, finance, and so on). Designed to take advantage
of the special expertise of members drawn from different functional areas of the company.
Foundations of Business Test #1.pdf 2 Foundations of Business Test #1.pdf
, Foundations of Business Test #1 Page 3 2026-03-16
Virtual team
Members can participate from any location or at any time of day, and teams can "meet" for as long as it takes to
achieve a goal or solve a problem—a few days, weeks, or months.
Effective teamwork
Members depend on each other. When team members rely on each other to get
the job done, team productivity and efficiency tend to be high.
Members trust one another.
Members work better together than individually. When team members perform
better as a group than alone, collective performance exceeds individual
performance.
Members become boosters. When each member is encouraged by other team
members to do his or her best, collective results improve.
Team members enjoy being on the team.
Leadership rotates.
Group Cohesiveness
Refers to the attractiveness of a team to its members. If its high, membership is quite satisfying to its members. If its
low, members are unhappy with it and may try to leave it.
Foundations of Business Test #1.pdf 3 Foundations of Business Test #1.pdf
