An entrepreneurial team advantage can be equated to ________ as those on the team share their experiences and knowledge.
A)entrepreneurial alertness
B)information asymmetry
C)social networks
D)feasibility analysis
E)illusion of control

Question

Quizplus · Accepted Answer

Information asymmetry occurs when one party has more or better information than the other, often leading to an advantage. In the context of an entrepreneurial team, this advantage comes from team members sharing their unique experiences and knowledge, thereby reducing information asymmetry within the team while potentially maintaining it externally against competitors or in the market.

An Entrepreneurial Team Advantage Can Be Equated to ________ as Those