Consider This Quote: "If You Can't Follow Somebody Else,don't Buy

question 40

Multiple Choice

Consider this quote: "If you can't follow somebody else,don't buy a franchise." Which characteristic of a franchise does this quote describe?

• A)High success rate
• B)Restrictions on growth
• C)Loss of entrepreneurial independence
• D)Location problems

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Definitions:

Self-managed Teams

Groups of employees who are given the authority and responsibility to manage themselves without direct supervision.

Virtual Teams

Work groups that use technology to communicate and collaborate across time, space, and organizational boundaries.

Disjunctive Tasks

Tasks in which group performance is dependent on the performance of the best group member.

Potential Group Performance

Potential group performance refers to the highest level of performance that a group is capable of achieving, assuming optimal conditions and resource utilization.