What is a foundation? A: A foundation is a non-governmental entity that is established as a nonprofit corporation or a charitable trust, with a principal purpose of making grants to unrelated organizations, institutions, or individuals for scientific, educational, cultural, religious, or other charitable purposes.
Natural Work Groups are teams of people that work together to accomplish a common task. The members of the team are usually assembled in a cross-functional manner including personnel from marketing, finance, research, engineering and production.
Sense of Purpose. Teamwork is characterized by having a sense of purpose to achieve a clear, specific goal that all members believe is important to attain. A team can be assigned to carry out a specific project, such as seeking ways to improve profitability in a small business.