What are the 5c concepts of Teamworks?

Studies show that several interrelat­ed functions contribute to the consis­tent high performance and success of work teams. To develop a high-perform­ing team, leaders should assess and de­velop these five behavioral functions with their team members:
confidence, communication, coordination, coopera­tion and collaboration.

» Confidence and trust: This is the foundation. Behaviors that drive confi­dence and trust among team members are being competent in your job, keep­ing your word, doing what you say you will do, and not sharing proprietary in­formation.

» Communication: Team members demonstrate open, timely, candid and respectful communication. Optimal communication occurs when team members are comfortable expressing feelings and ideas and are open to dif­ferent perspec­tives. Meetings incorporating these elements ensure a productive use of everyone’s time.

» Coordination: Team members can clearly explain the company’s values, mission, vision and goals. Each member is fully aware of their individual responsibility as well as what other team members are working on. Action plans are used to track pro­gress and outcomes and accelerate ac­countability.

» Cooperation: Team members leave discussions fully committed to de­cisions agreed upon, even if there was initial disagreement. Disagreements or conflict are viewed as healthy and are used to improve how the team works to­gether. Team members avoid complain­ing, procrastination and blaming each other when something goes wrong. They take personal responsibility for what can be better.

» Collaboration: Team members solve problems, learn and develop new initiatives in a structured, open and col­laborative way and they willingly make sacrifices to achieve the overall team goal. They invest time in improving how they work together and in
celebrating successes.
Assessing your team’s current suc­cess in the five C’s is the starting point for maximizing them in the future.

Answer(d); /// in the absence of transaction costs,private parties can solve the problem of externalities on their own;

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