Teamwork

Cross-Functional Teams
Cross-functional teams are employee teams consisting of individuals from two or more functional organizational areas who work together to achieve a common goal.
Group Dynamics
The social interaction of the participants in a group, highlighting the dynamics of the group interaction process where creative contributions occur.
Matrix Organization
Matrix organization involves superimposing a group or interdisciplinary team of project specialists, such as scientific and engineering personnel, onto a functional organizational design. Members in a matrix organization hold dual allegiance, both to the project they are assigned and their original departmental hierarchy.
Task Group
A task group is a collaborative team operating within a larger organizational context, assigned the mission to contribute specifically to the goals of the parent organization. These groups can be either ongoing or temporary.
Team Building
Team building is a technique for improving a work group's performance by clarifying its goals and members' expectations of each other. This organizational development strategy reinforces the cohesion and communication within a team.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.