MGT 301 UPDATED 2026 EXAM SCRIPT QUESTIONS
AND SOLUTIONS RATED A+
✔✔Well-being - ✔✔The combined impact of five elements-positive emotions,
engagement, relationships, meaning, and achievement (PERMA)
✔✔Meaningfulness - ✔✔The sense of "belonging to and serving something that you
believe is bigger than the self"
✔✔Group - ✔✔defined as (1) two or more freely interacting individuals who (2) share
norms, (3) share goals, and (40 have a common identity
✔✔Team - ✔✔small group of people with complementary skills who are committed to a
common purpose, performance goals, and approach for which they hold themselves
mutually accountable
✔✔Formal Group - ✔✔group assigned by organizations or its managers to accomplish
specific goals
✔✔Informal Group - ✔✔group formed by people whose overriding purpose is getting
together for friendship or a common interest
✔✔Work Teams - ✔✔have a clear purpose that all members share; usually permanent,
and members must give their complete commitment to the team's purpose in order for
the team to succeed
✔✔Project Teams - ✔✔assembled to solve a particular problem or complete a specific
task, such as brainstorming new marketing ideas for one of the company's products
✔✔Self-managed teams - ✔✔groups of workers who are given administrative oversight
for their task domains
✔✔Virtual Teams - ✔✔work together over time and distance via electronic media to
combine effort and achieve common goals
✔✔Potential Benefits - ✔✔- reduced real estate cost
- ability to leverage diverse knowledge across geography and time
- reduced community and travel expenses
✔✔Potential Challenges - ✔✔- difficult to establish team cohesion
- inability to observe nonverbal cues
- not a substitute for face-tp-face contact
✔✔Forming - ✔✔process of getting oriented and getting acquainted
, in this stage, leaders focus on giving people time to become acquainted and socialize
✔✔Storming - ✔✔- characterized by the emergence of individual personalities and roles
and conflicts within the group
in this stage, leaders encouraging members to suggest ideas, voice disagreements, and
work through their conflicts about tasks and goals
✔✔Norming - ✔✔- conflicts are resolved, close relationships develop, and unity and
harmony emerge
in this stage, leaders should emphasize unity and help identify team goals and values
✔✔Performing - ✔✔members should concentrate on solving problems and completing
the assigned tasks
in this stage, leaders should allow members the empowerment they need to work on
tasks
✔✔Adjourning - ✔✔members prepare for disbandment
Leaders can help ease the transition by rituals celebrating "the end" and "new
beginnings"
✔✔Building Effective Teams - ✔✔Collaboration
Trust
Performance
Motivation
Composition
Roles
Norms
✔✔Collaboration - ✔✔the act of sharing information and coordinating efforts to achieve
a collective outcome
✔✔Trust - ✔✔reciprocal faith in others' intentions and behavior
✔✔Team member interdependence - ✔✔Extent to which team members rely on
common task-related team inputs, and the amount of interpersonal interactions needed
to complete the work
✔✔Team composition - ✔✔reflects the collection of jobs, personalities, values,
knowledge, experience, and skills of team members
AND SOLUTIONS RATED A+
✔✔Well-being - ✔✔The combined impact of five elements-positive emotions,
engagement, relationships, meaning, and achievement (PERMA)
✔✔Meaningfulness - ✔✔The sense of "belonging to and serving something that you
believe is bigger than the self"
✔✔Group - ✔✔defined as (1) two or more freely interacting individuals who (2) share
norms, (3) share goals, and (40 have a common identity
✔✔Team - ✔✔small group of people with complementary skills who are committed to a
common purpose, performance goals, and approach for which they hold themselves
mutually accountable
✔✔Formal Group - ✔✔group assigned by organizations or its managers to accomplish
specific goals
✔✔Informal Group - ✔✔group formed by people whose overriding purpose is getting
together for friendship or a common interest
✔✔Work Teams - ✔✔have a clear purpose that all members share; usually permanent,
and members must give their complete commitment to the team's purpose in order for
the team to succeed
✔✔Project Teams - ✔✔assembled to solve a particular problem or complete a specific
task, such as brainstorming new marketing ideas for one of the company's products
✔✔Self-managed teams - ✔✔groups of workers who are given administrative oversight
for their task domains
✔✔Virtual Teams - ✔✔work together over time and distance via electronic media to
combine effort and achieve common goals
✔✔Potential Benefits - ✔✔- reduced real estate cost
- ability to leverage diverse knowledge across geography and time
- reduced community and travel expenses
✔✔Potential Challenges - ✔✔- difficult to establish team cohesion
- inability to observe nonverbal cues
- not a substitute for face-tp-face contact
✔✔Forming - ✔✔process of getting oriented and getting acquainted
, in this stage, leaders focus on giving people time to become acquainted and socialize
✔✔Storming - ✔✔- characterized by the emergence of individual personalities and roles
and conflicts within the group
in this stage, leaders encouraging members to suggest ideas, voice disagreements, and
work through their conflicts about tasks and goals
✔✔Norming - ✔✔- conflicts are resolved, close relationships develop, and unity and
harmony emerge
in this stage, leaders should emphasize unity and help identify team goals and values
✔✔Performing - ✔✔members should concentrate on solving problems and completing
the assigned tasks
in this stage, leaders should allow members the empowerment they need to work on
tasks
✔✔Adjourning - ✔✔members prepare for disbandment
Leaders can help ease the transition by rituals celebrating "the end" and "new
beginnings"
✔✔Building Effective Teams - ✔✔Collaboration
Trust
Performance
Motivation
Composition
Roles
Norms
✔✔Collaboration - ✔✔the act of sharing information and coordinating efforts to achieve
a collective outcome
✔✔Trust - ✔✔reciprocal faith in others' intentions and behavior
✔✔Team member interdependence - ✔✔Extent to which team members rely on
common task-related team inputs, and the amount of interpersonal interactions needed
to complete the work
✔✔Team composition - ✔✔reflects the collection of jobs, personalities, values,
knowledge, experience, and skills of team members
