Business, 06.07.2019 12:00 rakanmadi87

Why do businesses rely in teamwork in todays business environment

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Businesses rely on teamwork in the business environment for a few reasons. One of those reasons are that one mind is better than one. If you have diverse points of view, you can get a more accurate answer. Also, teamwork forces employees to work together and build relationships.

Answer from: GracieMaeB

Explanation:

Businesses rely in teamwork for a few reasons. For a business to attain growth and success, the diverse skills and efforts of individuals in a team are needed to achieve the overall goals and objectives of the organization. Teamwork creates an environment where employees are motivated to work in harmony and support each other. It creates room for diversity of thoughts, opportunities and perspectives. Individuals are able to brainstorm collectively and share ideas to arrive at more effective solutions. With an effective team in place, tasks are completed faster leading to improved work output and productivity.

Answer from: Quest

This statement is true.

Answer from: Quest

1 all nations face the problem of scarcity because there are limited resources and unlimited wants. nations do not have enough factors of production to produce everything that their population wants. entrepreneurial resources initiate businesses to make new goods and services; labor resources produce goods and services.

2 there are four factors of production: natural resources, labor resources, capital resources, and entrepreneurial resources. natural resources are raw materials from nature that are used to produce goods. trees, water, and grains are natural resources. some natural resources, such as wheat and cattle, are renewable

3 wants

things that you do not need to have in order to survive, but would like to have

needs

things that you must have in order to survive

goods

physical products

services

tasks that a business perform for customers

resources

items that people can use to make or obtain what they need or want

determine

to settle or decide by choice of alternatives or possiblities

4 i really dont know

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