A New-Venture Team Is a Unit That Is Separate from the Mainstream

question 70

True/False

A new-venture team is a unit that is separate from the mainstream of the organisation and is responsible for developing and initiating innovations.

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Definitions:

Virtual Teams

Groups of individuals who work together from different geographical locations, connected by the Internet and other digital communication technologies.

Organizational Boundaries

The defined limits that distinguish the activities, responsibilities, and jurisdictions of an organization from those of other organizations or environments.

Virtual Teams

Teams of people who work together from different geographic locations and rely on communication technology such as email, video or voice conferencing services to collaborate.

Self-managed

A system where employees or teams operate autonomously, making decisions without direct supervision.