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)________.

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The team formed by Intercom, Inc. is a venture team because its purpose is to generate ideas and promote growth by adding new features and products. A virtual team is a group of individuals who collaborate from different locations using technology, and it does not necessarily involve generating new ideas. Fundamental team, elemental team, and transitory team are not commonly used terms in business management.