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In the late 1800s, Bernard made buggy whips. Their quality was such that people came from hundreds of miles to buy the whips. As mechanized transportation developed, horse-drawn buggies largely disappeared and so did the demand for Bernard's whips. Would Bernard have been better off if these new modes of transportation had never been invented?
Norms
Shared guidelines or rules that prescribe the appropriate behavior in specific situations within a group or society.
Nominal Group Technique
A structured method for group brainstorming that encourages contributions from everyone.
Interdependence
The mutual dependence between things where changes in one can affect the other.
Cross-Functional Team
A team comprised of members from different departments or functional areas within an organization, brought together to achieve a specific goal or work on a specific project.
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