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As a Firm Grows, It Typically Shifts from a Simple

question 46

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As a firm grows, it typically shifts from a simple structure to a functional structure.


Definitions:

Pool Talents

The act of combining the skills, knowledge, and abilities of a group of people to achieve common objectives more effectively.

Team Diversity

The differences in values, personalities, experiences, demographics, and cultures among team members.

Group Process

The dynamics and interactions that occur within a group setting, affecting its functionality and outcome.

Demographics

The statistical characteristics of human populations, such as age, gender, income, and education, used for identifying and analyzing target markets or societal trends.

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