A portfolio manager liked a new product that included a swap, a financial derivative. Since he had the authority, he proceeded without asking any other departments about it. A year later, he learned that the back-office was upset with the difficulty of handling the swaps. A team approach would have improved communication and a. team motivation b. task significance c. social efficacy

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Business

Kaylin Pace

25 August, 06:26

A portfolio manager liked a new product that included a swap, a financial derivative. Since he had the authority, he proceeded without asking any other departments about it. A year later, he learned that the back-office was upset with the difficulty of handling the swaps. A team approach would have improved communication and a. team motivation b. task significance c. social efficacy

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Brooks Aguilar · Answer 1

b. task significance

Explanation:

As the portfolio manager proceeded a new product swap without asking any other departments due to which back-office became upset with the difficulty of handling that product, this team approach must be improved communication which eliminate the unawareness regarding new product adopted by an organization and Task Significance which is very beneficial for measuring of impact that determines an amount to which an employee's assessable and identifiable duty affects tasks of different employees within or outside the organization.