According to the Textbook, Nucor in Steel, JetBlue in Airlines

question 21

Multiple Choice

According to the textbook, Nucor in steel, JetBlue in airlines, and Cirque du Soleil in circuses are examples of entrepreneurial firms who are exploiting opportunities in ________ industries.

• A) fragmented
• B) emerging
• C) declining
• D) global
• E) mature

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Definitions:

Task Interdependence

The degree to which the work performed by one member of a group influences the work performed by other members.

Team Dynamics

The behavioral relationships and processes that influence the direction and performance of a team.

Cohesiveness

The quality of forming a united whole or working together in a cohesive and coordinated manner to achieve shared goals.

Explicit Ground Rules

Clearly defined and communicated guidelines or policies intended to set expectations and govern behavior in a specific context.