Rick and Jose Gain New Market Information Regarding a Potential

question 65

Multiple Choice

Rick and Jose gain new market information regarding a potential entrepreneurial opportunity.Despite the fact that both of them have gained access to this new information,only one of these individuals has access to additional information suggesting that other competitors are already moving to exploit this opportunity.What is this an example of?

• A)information asset
• B)information assurance
• C)social networking
• D)information asymmetry
• E)information reliability

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Definitions:

Conjunctive Tasks

Tasks in which group performance is limited by the performance of the poorest group member.

Formal Work Groups

Groups that are established by organizations to facilitate the achievement of organizational goals.

Informal Work Groups

Informal work groups are naturally occurring social groups within an organization that form based on common interests, friendships, or shared tasks, but are not officially structured by the organization.

Additive Task

A task in which the combined effort of a group results in a cumulative outcome, with each member's contribution directly adding to the final product.