BUSAD 101 - Introduction to Business » Fall 2020 » Chapter 9 Quiz

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Question #1
With _______, employees receive stock shares or the value of the stock upon retiring or leaving the company.
A.   treasury bills
B.   ESOPs (employee stock ownership plans)
C.   stock certificates
D.   stock options
Question #2
A team consists of a group of people with _____ skills and _____ are responsible and accountable for accomplishing team objectives.
A.   differing; all team members
B.   complementary; team leaders
C.   differing; team leaders
D.   complementary; all team members
Question #3
When Granitia Inc. was faced with serious quality problems and was forced to recall thousands of vehicles, the company quickly formed a temporary group of employees to brainstorm the problem. The team thus formed is an example of a(n) _______ team.
A.   virtual
B.   problem-solving
C.   cross-functional
D.   self-managed
Question #4
All teams should include people with similar skills who are committed to a common purpose.
A.   FALSE
B.   TRUE
Question #5
A problem-solving team is a temporary combination of workers who gather to solve a specific problem and then disband.
A.   FALSE
B.   TRUE
Question #6
Jose is part of a temporary team that works together to solve a specific problem and then disband. Jose is part of a cross-functional team.
A.   FALSE
B.   TRUE
Question #7
Flexibility is the primary advantage of virtual teams.
A.   FALSE
B.   TRUE

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