Chris develops his company plan alone. He is now ready to launch and is looking for a founding team. Since his business is in petrochemicals, he assumes that the best team will be from his former university classmates who studied the subject with him. Discuss the pros and cons of Chris’s assumptions.
What will be an ideal response?
The answer should address homogeneous versus heterogeneous teams. While a homogeneous team will have specific knowledge, other aspects of the company would benefit from a mix of knowledge and skills. People from the same university may share similar perspectives, whereas people from other backgrounds might bring in diverse problem-solving skills and have different insights and perspectives.
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What will be an ideal response?
Chitin and cellulose are both carbon-based molecules that do not spontaneously decompose. What would happen if all of the chitin and cellulose decomposers were destroyed?
What will be an ideal response?
The auditor would be most likely to request a schedule of repairs and maintenance expense to satisfy the auditor about the existence of long-lived assets
a. True b. False Indicate whether the statement is true or false
Not painting the house on time is a violation of a tenant's duty not to commit waste
Indicate whether the statement is true or false