This document discusses key differences between groups and teams, different types of team tasks and teams, important factors in forming effective teams, and factors that influence team effectiveness such as team composition, groupthink, social loafing, cohesiveness, communication, shared mental models, collective efficacy, and team learning. Teams are formed for a limited time to accomplish interdependent tasks, while groups do not necessarily require interdependence. Team effectiveness depends on proper composition, overcoming barriers like groupthink, building cohesiveness, strong communication, shared understanding, and collective belief in capabilities.