What is the term for a group of people with similar skills working together?

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Prepare for UCF MAN3025 Management of Organizations Exam 3 with practice questions, flashcards, and explanations. Master the concepts and excel in your test!

The correct answer focuses on the definition of the term most closely associated with a group of people who share similar skills and collaborate to achieve common goals. In this context, the term "function" refers to a group of professionals who possess similar knowledge and expertise, allowing them to work effectively together towards a specific objective or set of objectives within an organization.

For instance, a finance function within a company might consist of accountants, financial analysts, and auditors who combine their skills to manage the financial health of the organization. By working under the same functional umbrella, these individuals can specialize in their respective areas while contributing to collective outcomes.

On the other hand, a "team" typically indicates a more diverse group working on a particular project or task and may not necessarily share the same skill set. A "department" refers to a broader organizational unit that may encompass several functions, and a "network" suggests a loose affiliation of individuals that may not work closely together on tasks or share the same objectives as a cohesive group.