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saving on real estate expenses and leveraging knowledge of many different markets are benefits of

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Saving on real estate expenses and leveraging knowledge of many different markets are benefits of: A cross-functional team.

A team can be defined as set of individuals or a group of people that are having various skill set, knowledge, ideas and experience, coming together to work on a project or task, in order to successfully achieve a set goal and objective.

Basically, there are four (4) main types of team and these include:

  • Functional team.
  • Virtual team.
  • Self-managed team.
  • Cross-functional team.

A cross-functional team can be defined as a team that comprises members from different functional areas or departments in a business firm (company).

Hence, these group members usually have various skills, ideas and knowledge which can be leveraged upon to grow and develop a business firm (company).

In conclusion, saving on real estate expenses and leveraging knowledge of many different markets are benefits of a cross-functional team.

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