Which of the Following Is True of Venture Teams

question 61

Multiple Choice

Which of the following is true of venture teams?

• A)They free creative people from the bureaucracy of a large corporation.
• B)They are used to develop an internal entrepreneurial spirit among all employees.
• C)They impede the development of new ideas within an organization.
• D)They are constrained by organizational procedures.

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Definitions:

Real-Time Data

Information that is delivered immediately after collection, with no delay in the timeliness of the information provided.

Process Optimization

The practice of making adjustments or improvements to a process to increase its efficiency, effectiveness, or both.

Information Technologies

Utilizing computers, storage mechanisms, communication networks, and other tangible tools, infrastructure, and methods for the production, processing, preservation, protection, and distribution of all types of electronic information.

Cost-Efficient Sharing

A strategy that aims to reduce costs through the shared use of resources, services, or infrastructure.