- Teams are groups of 2 or more people who interact and coordinate their work to accomplish a specific goal. There are different types of teams including vertical, horizontal, and special purpose teams. - Effective teams go through various stages of development including forming, storming, norming, performing, and adjourning. Team size, diversity, roles, and cohesiveness all impact team performance. - Conflict is inevitable in teams but can have positive impacts if managed well. Techniques for handling conflict include collaboration, compromise, and negotiation to reach win-win solutions.