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"Education is the most powerful weapon which you can use to change the world”
– Nelson Mandela

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Mid-Term Exam

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Q Question 1 (10 pts) Identify factors that contribute to team cohesiveness.

Q Question 2 (10 pts) Define a small business. Question 3 (10 pts) Define a team and describe its key characteristics. Question 4 (10 pts) Define corporate social responsibility and explain how organizations are responsible to their stakeholders. Question 5 (10 pts) Discuss the advantages and disadvantages of the corporate form of ownership. Question 6 (10 pts) Discuss the various initiatives designed to reduce international trade barriers and promote free trade. Question 7 (10 pts) Explain why small businesses tend to foster innovation more effectively than large ones. Question 8 (10 pts) Explain the do’s and don’ts of business e-mails. Question 9 (10 pts) Define economics and identify factors of production Question 10 (10 pts) Identify threats to the natural environment, and explain how businesses are addressing them.

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Sizes of specific teams provide scope for making teams cohesive/non-cohesive because lower levels of satisfaction can be obtained with the presence of a big team. The level of interaction can become better when close interactions can be possible among team-members in small/compact teams. Team activities in bigger teams can be dominated by specific members (Exploring Business, 2016). Therefore, there can be higher possibilities of conflict-development in bigger teams.