Define Group Norms and Their Function

question 2

Essay

Define group norms and their function.

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Definitions:

Joint Venture

A separate company jointly owned by two or more other companies.

Ally Strategy

A strategic approach where entities align or partner with others to achieve common goals, leveraging each other's strengths.

Hybrid Mode

A combination of different methods, systems, or designs, often referring to working environments that blend in-office and remote work practices.

Consortium

A group of companies or institutions that collaborate on a common project or share resources to achieve a specific goal.