Which of the following statements represents a strategy that is desirable for making effective teams? a) combining people with extremely high and extremely low abilities make a balanced team. b) individuals should ideally have one role in a team as multiple roles reduce their effectiveness and efficiency. c) diversity should be avoided as diverse teams involve a lot of conflict in day-to-day functioning. d) if a natural work unit is larger, its size must be maintained for the nature of the job requires large team

Secured loans are protected by collateral security. examples: title loans where the borrower uses the car title as collateral security interest rates are lower and repayments are longer therefore risk is low as a collateral security is given as guarantee to the bank in case of failure to pay the loanunsecured loans are not protected by collateral security but it is given on the creditworthiness of the borrower, trusting that she/he will pay on time. examples; payday loans is a short term loan where the borrower lends money from the bank and pays is back when the borrower receives his/her wages.interest rates are high and repayments are shorter. but the risk is high as no collateral security is given as a guarantee to the bank for payment of the loan