A Company Lacking Stand-Alone Resource Strength Should Focus on Bundling

question 68

True/False

A company lacking stand-alone resource strength should focus on bundling several resource strengths into a core competence. True or false? Explain and support your answer.

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Definitions:

Group Synergy

The phenomenon in which the collective output, results, or performance of a group is greater than the sum of the individual efforts.

Tuckman's Theory

A model of group development that outlines stages of forming, storming, norming, performing, and adjourning.

Reforming

The process of making changes to something with the aim to improve it, often in the context of social, political, or organizational structures.

Group Development

The process through which a group evolves over time, typically moving through stages of forming, storming, norming, performing, and adjourning.