The Term "Liability of Newness" Refers to the Fact That

question 51

True/False

The term "liability of newness" refers to the fact that companies often falter because the people who start the firms can't adjust quickly enough to their new roles and because the firms lack "track records" with outside buyers and suppliers.

---

Definitions:

Norms

Implicit rules and expectations that guide behavior of group members, helping to shape attitudes and actions within a social context.

Informal Rules

Unwritten guidelines or norms governing behavior within a group or organization, which can influence actions and decisions alongside formal regulations.

Volume

The degree of sound intensity or loudness, often measured in decibels.

Intonation

The variation of pitch in speaking, which can affect the meaning of words and sentences.