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 and 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 incorrect as research suggests that teams who have worked together before often have an advantage over teams that are working together for the first time. Familiarity and the ability to anticipate each other's actions can lead to greater efficiency and productivity.

Which of the Following Statements Is Incorrect Regarding Founding Teams