t has been Sam's long-standing dream to run a venture business. He had envisioned an online shirt-reselling business and started it with some of his friends as soon as he graduated. As the shirt-reselling market has grown year by year, he received the investment for the business and could set up an office. The venture has expanded rapidly, but the ways to handle tasks have not been effective thus far. Before starting a venture, Sam was close to his friends; however, they had not known each other well. Even after doing a business, Sam needed to engage in most of the tasks. Sam feels that the ways of working with other members must change to catch up with the dynamic market more effectively. Also, it needs to hire new employees. Foremost, he wants new employees to excel at teamwork. It needs to set up a short training session for newcomers; however, Sam is not sure how to accurately explain what it means to be an “effective team member” during the session. a. Describe the current task characteristic of Sam’s venture and explain how their task relations could be structured in a way that keeps up with the dynamic market? b. Thomas needs advice about developing a training session for newcomers. Provide him with all competencies to be considered that make employees work as "effective team members".

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
icon
Related questions
Question

It has been Sam's long-standing dream to run a venture business. He had envisioned an online shirt-reselling business and started it with some of his friends as soon as he graduated. As the shirt-reselling market has grown year by year, he received the investment for the business and could set up an office. The venture has expanded rapidly, but the ways to handle tasks have not been effective thus far. Before starting a venture, Sam was close to his friends; however, they had not known each other well. Even after doing a business, Sam needed to engage in most of the tasks. Sam feels that the ways of working with other members must change to catch up with the dynamic market more effectively. Also, it needs to hire new employees. Foremost, he wants new employees to excel at teamwork. It needs to set up a short training session for newcomers; however, Sam is not sure how to accurately explain what it means to be an “effective team member” during the session.

a. Describe the current task characteristic of Sam’s venture and explain how their task relations could be structured in a way that keeps up with the dynamic market?

b. Thomas needs advice about developing a training session for newcomers. Provide him with all competencies to be considered that make employees work as "effective team members".

Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Knowledge Booster
Online marketing
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, management and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Understanding Business
Understanding Business
Management
ISBN:
9781259929434
Author:
William Nickels
Publisher:
McGraw-Hill Education
Management (14th Edition)
Management (14th Edition)
Management
ISBN:
9780134527604
Author:
Stephen P. Robbins, Mary A. Coulter
Publisher:
PEARSON
Spreadsheet Modeling & Decision Analysis: A Pract…
Spreadsheet Modeling & Decision Analysis: A Pract…
Management
ISBN:
9781305947412
Author:
Cliff Ragsdale
Publisher:
Cengage Learning
Management Information Systems: Managing The Digi…
Management Information Systems: Managing The Digi…
Management
ISBN:
9780135191798
Author:
Kenneth C. Laudon, Jane P. Laudon
Publisher:
PEARSON
Business Essentials (12th Edition) (What's New in…
Business Essentials (12th Edition) (What's New in…
Management
ISBN:
9780134728391
Author:
Ronald J. Ebert, Ricky W. Griffin
Publisher:
PEARSON
Fundamentals of Management (10th Edition)
Fundamentals of Management (10th Edition)
Management
ISBN:
9780134237473
Author:
Stephen P. Robbins, Mary A. Coulter, David A. De Cenzo
Publisher:
PEARSON