BUSMHR 2292 | OSU | Midterm 1
questions with complete solution
Forming stage - ANS ✔✔Characterized by uncertainty and high reliance on a leader, where team
members begin to build relationships and understand goals and objectives.
Storming stage - ANS ✔✔Conflict and disagreement arising as team members establish their
position/role within the team, often involving struggles for power, differences in opinion, and
disagreements over project management and resource allocation.
Norming stage - ANS ✔✔Working with the same group of people on a similar project; Reliance
on leader starts diminishing; leader is not needed to tell people what to do as it would've been
during the forming stages
Performing stage - ANS ✔✔Exceptional work resulting from high productivity, collaboration, and
synergy; members are aligned, committed to goals, and leverage individual strengths; conflict
exists but is healthy and quickly resolved.
Adjourning stage - ANS ✔✔Everyone goes their separate ways
Psychological safety - ANS ✔✔A shared belief held by members of a team that the team is safe
for interpersonal risk taking.
Diversity - ANS ✔✔All of the ways in which we differ, including age, gender, race, ethnicity,
sexual orientation, physical ability, marital status, income level, personal habits, appearance,
educational background, religion, personality, and much more.
, Inclusion - ANS ✔✔The state of being included in a group or structure, which is much more of a
feeling than a characteristic and relates to psychological safety.
Implicit Bias - ANS ✔✔Unconscious bias that refers to associations made automatically (e.g.,
stereotypes).
Explicit Bias - ANS ✔✔Conscious beliefs and attitudes that are openly expressed.
Confirmation Bias - ANS ✔✔Seeking out information that confirms preexisting beliefs or
assumptions, often dismissing information that challenges those beliefs.
Halo Effect - ANS ✔✔Developing a positive impression of someone based on a single positive
characteristic or experience, leading to an overgeneralization of their abilities.
Business - ANS ✔✔The act of creating, buying, or selling goods and services with the goal of
making a profit.
Positive impacts of businesses - ANS ✔✔Job creation, economic growth, innovation,
philanthropy, and providing necessary goods and services (e.g., groceries, health care, energy).
Sole Proprietorship - ANS ✔✔A business owned and operated by a single individual, where the
owner is personally liable for all business debts and obligations.
Corporation - ANS ✔✔A legal entity owned by shareholders that has a separate legal and tax
existence from its owners, often featuring limited liability protection for shareholders.
Human Resources - ANS ✔✔Managing the company's employees, including recruitment, hiring,
training and development, performance management, compensation and benefits, and
employee relations.
questions with complete solution
Forming stage - ANS ✔✔Characterized by uncertainty and high reliance on a leader, where team
members begin to build relationships and understand goals and objectives.
Storming stage - ANS ✔✔Conflict and disagreement arising as team members establish their
position/role within the team, often involving struggles for power, differences in opinion, and
disagreements over project management and resource allocation.
Norming stage - ANS ✔✔Working with the same group of people on a similar project; Reliance
on leader starts diminishing; leader is not needed to tell people what to do as it would've been
during the forming stages
Performing stage - ANS ✔✔Exceptional work resulting from high productivity, collaboration, and
synergy; members are aligned, committed to goals, and leverage individual strengths; conflict
exists but is healthy and quickly resolved.
Adjourning stage - ANS ✔✔Everyone goes their separate ways
Psychological safety - ANS ✔✔A shared belief held by members of a team that the team is safe
for interpersonal risk taking.
Diversity - ANS ✔✔All of the ways in which we differ, including age, gender, race, ethnicity,
sexual orientation, physical ability, marital status, income level, personal habits, appearance,
educational background, religion, personality, and much more.
, Inclusion - ANS ✔✔The state of being included in a group or structure, which is much more of a
feeling than a characteristic and relates to psychological safety.
Implicit Bias - ANS ✔✔Unconscious bias that refers to associations made automatically (e.g.,
stereotypes).
Explicit Bias - ANS ✔✔Conscious beliefs and attitudes that are openly expressed.
Confirmation Bias - ANS ✔✔Seeking out information that confirms preexisting beliefs or
assumptions, often dismissing information that challenges those beliefs.
Halo Effect - ANS ✔✔Developing a positive impression of someone based on a single positive
characteristic or experience, leading to an overgeneralization of their abilities.
Business - ANS ✔✔The act of creating, buying, or selling goods and services with the goal of
making a profit.
Positive impacts of businesses - ANS ✔✔Job creation, economic growth, innovation,
philanthropy, and providing necessary goods and services (e.g., groceries, health care, energy).
Sole Proprietorship - ANS ✔✔A business owned and operated by a single individual, where the
owner is personally liable for all business debts and obligations.
Corporation - ANS ✔✔A legal entity owned by shareholders that has a separate legal and tax
existence from its owners, often featuring limited liability protection for shareholders.
Human Resources - ANS ✔✔Managing the company's employees, including recruitment, hiring,
training and development, performance management, compensation and benefits, and
employee relations.
