EBK EXCELLENCE IN BUSINESS COMMUNICATIO
EBK EXCELLENCE IN BUSINESS COMMUNICATIO
12th Edition
ISBN: 9780134328683
Author: BOVEE
Publisher: YUZU
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Chapter 2, Problem 3LOC
Summary Introduction

To determine:

What attribute does a team have if it forces the important issues in the open expecting the involvement of the members to find creative solutions for an issue?

Introduction:

A team is a unit of two or more people who come together to share the responsibilities of a mission to achieve a certain goal. Teams are often cross-functional with individuals from different backgrounds having expertise on different areas. To have an effective teamwork, everyone should share a clear objective, a conscious purpose, a strong trust, ethical communication, have creative thinking, etc. Most importantly teams should be able to resolve the conflicts that could arise from having different ways of thinking which could result in destructive conflict.

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Bedrock Company reported a December 31 ending inventory balance of $412,000. The following additional information is also available: -The ending inventory balance of $412,000 included $72,000 of consigned inventory for which Bedrock was the consignor. -The ending inventory balance of $412,000 included $22,000 of office supplies that were stored in the warehouse and were to be used by the company's supervisors and managers during the coming year. Based on this information, the correct balance for ending inventory on December 31 is: A) $362,000 B) $390,000 C) $412,000 D) $318,000 E) $340,000
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