According to the textbook, which of the following statements is inaccurate regarding the size and composition of the founding team of a firm?
A) There is no relationship between a founding team's size and its effectiveness.
B) A founding team larger than four people is typically too large to be practical.
C) The members of a homogeneous founding team are similar in terms of their abilities and experiences.
D) The members of a heterogeneous founding team are diverse in terms of their abilities and experiences.
E) A founding team can be too big, causing communication problems and increasing potential for conflict.

Question

Quizplus · Accepted Answer

This statement is inaccurate as research has shown that a larger founding team does not necessarily mean better or worse effectiveness. The founding team's effectiveness depends on various factors, including team diversity, composition, and experience.

According to the Textbook, Which of the Following Statements Is