Daryl is a research analyst at Highend Inc. She works independently, without the need for a supervisor. When her team is offered a project, she sits along with her team members to plan and organize the work. Each team member takes turns to undertake a different role. This helps them gain experience in every aspect of their work. Each team member is held accountable for his or her work and every person works toward meeting the agreed deadline. In the given scenario, which of the following types of teams has been described? a. Cross-departmental team b. Functional team c. Special-purpose teamd. Self-directed team

D) Self-directed team

Explanation:

Members of self-directed teams basically work independently during most of the time and only meet together in order to organize what has to be done and how current projects are doing. The team members are generally highly trained individuals that have some type of specialization or expertise in their area, and they rarely need supervision or guidance.

cognitive overload: having a lot on your mind impairs decision-making and tends to result in the simplest, but not necessarily best, option being selected.

empathy gaps: overlooking how you might feel in a different situation can result in unnecessary purchases, such as overbuying when shopping for food on an empty stomach.

optimism and overconfidence: wearing rose-tinted glasses and having unrealistic expectations about the future can affect money management and leave you unprepared for a change in circumstance.

instant gratification: seeking instant gratification drives impulsive spending and can undermine long-term planning and savings.

harmful habits: automatic or mindless behaviour can amplify a poor financial decision as it becomes a recurring event.

social norms: we are heavily influenced by the actions of others; while this can be in certain circumstances, it also contributes to the pressure to keep up with the joneses through conspicuous consumption.