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Assessing the team's ability to execute on critical success factors involves evaluating:

A) Customer satisfaction
B) Market share
C) Team's experience and industry know-how
D) Economic indicators

User RonLugge
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Final answer:

When assessing a team's ability to execute critical success factors, it is best to evaluate the team's experience and industry know-how. Information from customers and stakeholders, along with expert analysis, can support this evaluation. Demand and supply factors also play a role in understanding market conditions that can impact the team's performance.

Step-by-step explanation:

Assessing a team's ability to execute on critical success factors typically involves a comprehensive evaluation of various aspects of team performance and market dynamics. The correct answer to the question would be C) Team's experience and industry know-how. This is because a team's experience and know-how directly influence their capability to carry out tasks that lead to the accomplishment of business goals.

Gathering information from customers and other stakeholders, finding expert information, and doing a root cause analysis are integral components of comprehensively evaluating a team's potential. These actions help in understanding customer needs and satisfaction levels, which are indirectly related to a team's success. Market share (B) and economic indicators (D) can offer insights into a team's performance but do not directly assess the team's intrinsic abilities.

To analyze how an economic change affects demand or supply, economists often consider a list of demand and supply factors. This systematic approach helps in understanding the nature of market fluctuations and can inform strategic decisions within a team context.

User Sergio Bost
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