Question 1

Which of the following describes Patrick Lencioni's opinion about team conflict?

Accepted Answer

Patrick Lencioni's opinion about team conflict is that while it may feel uncomfortable, disagreement and conflict can actually be beneficial in clarifying problems and solutions. He advocates for healthy conflict as a means of achieving better results and stronger team relationships.

Question 2

What would best describe the concept of groupthink?

Accepted Answer

Groupthink refers to the phenomenon where a group of people starts to think and act with too similar a mindset, leading to a lack of diverse viewpoints and potentially overlooking important information or errors in decision-making. It is an unfavorable concept that can lead to flawed decisions. Therefore, option B would be the best description of groupthink. Options A, C, and D do not accurately describe the concept of groupthink.

Question 3

A good way of disengaging from a networking conversation is to look the person in the eye,shake his or her hand,and say,"It has been great talking to you."

Accepted Answer

This statement is true. It is a polite and respectful way to end a conversation and disengage from networking with someone.

Question 4

To judge the extent to which someone has a big ego,what does the text suggest you look for?

Accepted Answer

The text suggests looking for a tendency to say "I" instead of "we" when talking about team successes as an indicator of a big ego, as it shows a focus on self-accomplishment over team effort.

Question 5

Which of the following best describes the characteristics associated with a great founding team?

Accepted Answer

The ability to cope with pressure, social and technical skills, as well as the ability to overcome complex obstacles are necessary for a great founding team. While wealth and financial backing may be advantageous, they are not necessary for success. Large social networks and business-related skillsets may also be helpful, but they do not necessarily make a great founding team on their own.

Question 6

Lonny's founding company is composed of young men with whom he attended college.What term best describes this team?

Accepted Answer

The team is described as being composed of young men who attended college together, indicating they share similar characteristics (age, gender, education), making it a homogeneous group.

Question 7

People today are more likely to interact with others to build their social capital due to more time spent at the workplace,commuting to work,and using devices like personal computers and smartphones.

Accepted Answer

While devices like personal computers and smartphones can facilitate social interactions, the increased time spent at the workplace and commuting often reduces the amount of time available for face-to-face interactions, potentially hindering the building of social capital.

Question 8

Janell is always asking for the source of comments or research to back up assumptions made at team meetings.Ultimately,the team creates better solutions because of this.What role is Janell playing as a team member?

Accepted Answer

Janell is playing the role of the devil's advocate by challenging assumptions and requesting evidence to support claims made during team meetings. This helps the team avoid making decisions based on assumptions or incomplete information, and instead encourages them to consider all perspectives and gather necessary data to make informed decisions.

Question 9

What statement generally sums up the importance of passion in your founding team?

Accepted Answer

Passion is vital in a founding team as it drives commitment and motivation, which can compensate for the lack of experience in some areas. Passionate founders are more likely to stay committed to their vision, push through obstacles, and inspire their team to do the same. Skills can be learned and experience gained, but passion cannot be taught.

Question 10

Strong ties to family and friends can be restrictive to the entrepreneur because they are less likely to challenge our ideas.

Accepted Answer

When entrepreneurs have strong ties to family and friends, they may hesitate to challenge their ideas for fear of causing conflict or damaging the relationship. This can limit the entrepreneur's ability to receive diverse perspectives and constructive criticism, which are essential for developing and refining innovative ideas.

Question 11

What is the role of the devil's advocate?

Accepted Answer

The role of the devil's advocate is to encourage different perspectives and challenge assumptions. This helps the team to consider all options and potential flaws in their plan or decision, leading to a more well-rounded and thoughtful outcome. The other options, such as interjecting conflict or guiding the team to a specific answer, are not productive ways for a devil's advocate to fulfill their role.

Question 12

Which online social media network allows for asking questions in a specific section of the platform?

Accepted Answer

LinkedIn has a feature called "LinkedIn Answers" where users can ask and answer industry-specific questions in a dedicated section of the platform. This allows for targeted discussions and knowledge sharing among professionals.

Question 13

What is Jenn Houser's advice for aligning team goals and values?

Accepted Answer

Jenn Houser advises investing several days with cofounders to thoroughly discuss the business details and partnership dynamics before committing, ensuring alignment in goals and values.

Question 14

Which of the following is one of the six traits identified by Kathleen Eisenhardt in regard to teams that engaged in healthy conflict?

Accepted Answer

Kathleen Eisenhardt identified six traits of teams that engaged in healthy conflict, and one of them was the ability to resolve issues without forcing consensus. This means that the team is able to work through differing opinions and find a solution that is agreeable to all members without making everyone compromise or agree on a solution that they're not fully in support of. This leads to a more productive and effective team dynamic. Therefore, option C is the correct answer.

Question 15

Incubators and accelerators are among the best places for entrepreneurs to network and find mentors.

Accepted Answer

Incubators and accelerators provide entrepreneurs with access to a network of experienced mentors, investors, and other entrepreneurs, making them ideal places to network and find guidance.

Question 16

Which of the following would best describe the term cognitive comprehensiveness?

Accepted Answer

Cognitive comprehensiveness refers to a thorough and broad approach in examining issues and formulating strategies by considering various approaches, decision criteria, and possible courses of action.

Question 17

According to the text,what type of relationship is most similar to the nature of the cofounders' relationship?

Accepted Answer

The answer of According to the text,what type of relationship...

Question 18

What two questions does the text recommend be asked when considering founding team members?

Accepted Answer

The text suggests evaluating the indispensability and uniqueness of potential founding team members by asking if the company can be built without them and if there are others with similar capabilities, highlighting the importance of their unique contributions.

Question 19

The quid pro quo strategy should be avoided in networking as it may be perceived as manipulative.

Accepted Answer

The answer of The quid pro quo strategy should be...

Question 20

In a classic study of a devil's advocate's role,______.

Accepted Answer

The devil's advocate role often involves challenging ideas and assumptions, which can make team members uncomfortable. This discomfort can lead to the devil's advocate being viewed negatively, to the extent that they might be chosen as the member to leave if the group is forced to eliminate someone.

Quiz 8: Developing Networks and Building Teams