Intercom Inc., together with its subsidiaries, primarily engages in the generation, transmission, and distribution of electric power in the United States. The company observes that its growth has stagnated over a period of two years. In an attempt to promote growth, it considers adding new features to the existing products and introducing a few new products. The company forms a committee consisting of three top executives, one of the production mangers, a few operational managers, and a representative of the HR department to generate ideas. This team is called a(n) ________ team.
A) virtual
B) venture
C) fundamental
D) elemental
E) transitory

Question

Quizplus · Accepted Answer

Based on the description given, the team formed consists of top executives, managers, and a HR representative with the goal of generating new ideas to promote growth. This is characteristic of a venture team, which is created specifically for the purpose of exploring new opportunities and developing new products or services. The other options are not suitable as they do not accurately describe the team's purpose or composition.