Which of the following statements is incorrect regarding founding teams?
A) The members of heterogeneous teams are diverse in terms of their abilities and experiences.
B) Teams that are working together for the first time have an advantage over teams that have worked together before.
C) The psychological support that cofounders of a new business can offer one another is an important element of a firm's success.
D) The members of homogeneous teams are very similar in terms of their abilities and experiences.
E) Studies show that more than one individual starts 50 to 70 percent of all new teams.

Question

Quizplus · Accepted Answer

This statement is not correct as research has shown that teams that have worked together before have an advantage as they have developed trust, communication, and understanding of each other's strengths and weaknesses.

Which of the Following Statements Is Incorrect Regarding Founding Teams