Michael Team Has Evolved to the Storming Stage of Team

question 164

Multiple Choice

Michael team has evolved to the storming stage of team development. As team leader, what should Michael be emphasizing?

• A) Lots of informal interaction
• B) Participation by all team members
• C) Task accomplishment
• D) Goal achievement
• E) Disbanding team

Recognize the importance of mentorship and support networks for entrepreneurs.

Describe the entrepreneurial leadership paradigm and its significance.

Identify the critical components of opportunity recognition in entrepreneurship.

Acknowledge the realistic time frame and expectations concerning venture success and venture capital involvement.

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Definitions:

Sales Presentation

A pitch or demonstration given to prospective buyers with the goal of making a sale by highlighting the benefits and features of a product or service.

Product's Major Features

The primary attributes or characteristics that define a product and differentiate it from competitors.

Trial Closes

Techniques used in sales to ask potential customers for a decision on a minor aspect of a purchase, used to gauge the readiness for the final buy.

Presentation

A formal display or demonstration of a subject, often involving spoken words and visual aids, to convey information to an audience.