Chapter 10

Groups and teams are necessary in our day-to-day life. In college, students are often teamed with class mates for class projects and parents serves on community service groups in their community. In a company, managers go to planning meetings with CEO’s to plan the next project of the company. It is obvious that we live as groups and is the primary manner that companies function – by bringing a group of people together to find a solution to a particular problem. For example, CPAs work in groups when they go and audit a company. They collect and process the information separately and after they will meet and discuss the main points and in that way they will reduce the potential mistakes. Managers have an excellent understanding of groups and group processes and so they, as one solid group, will avoid mistakes and they will find the best solution for their particular issues.