The Savvy Entrepreneurial Firm Feature in Chapter 4 Focuses on the Ways

question 43

Multiple Choice

The Savvy Entrepreneurial Firm feature in Chapter 4 focuses on the ways in which CoachUp creates, delivers and captures value for its stakeholders. According to the feature, CoachUp would be a business that would be difficult to copy. According to the feature, it would be difficult to copy because ________.

• A) it has raised $9.4 million, has 13,000 coaches in its platform, and tens of thousands of athletes who have used its service
• B) it has a highly-functional Web site and has a talented management team
• C) it has a savvy marketing plan
• D) it has raised $9.4 million and has a talented management team
• E) it has an excellent Internet domain name and has a first-mover advantage

Describe different conflict management styles and their implications for resolving conflicts.

Identify and understand the causes of conflict in a business context.

Understand the dynamic between individual talents and team synergy in achieving extraordinary results.

Recognize the critical teamwork skills necessary for high-performance teams, including motivating others and resolving conflicts.

---

Definitions:

Grinding Minutes

A term possibly used to quantify the time involved in a grinding process during manufacturing.

Monthly Demand

The total quantity of a product that consumers are willing and able to purchase within a specific month.

Variable Manuf. Cost

Expenses that vary in direct relation to the amount of production, including costs like raw materials and direct labor.