In today's business world groups and teams is an important part of any successful company. Companies today are constantly looking for new ways to get the most from their employees. A trend in today's business world is the power of groups or teams. The purpose of this paper is to explain what groups and teams are, why they are important in today's business society, and what types of factors come into play when groups are organized.
A group is defined as "a group of two or more people who work together regularly to achieve common goals" (Schermerhorn, Hunt, Osborn 2005). …
