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Proverbial wisdom states that birds of a feather flock together. Studies have shown that people of similar geographical and educational backgrounds and functional experience are extremely likely to found companies together. Not considering spousal teams in the dataset, it has been found that a founding team is five times more likely to be all-male or all-female team. Also, it is more likely to find founding teams that are remarkably homogenous with regard to skills and functional backgrounds. Homogeneity has important benefits. For the founder struggling to meet the challenges of a growing startup, selecting cofounders from among the people with whom he or she probably has important things in common is often the quickest and easiest solution. Not only does it generally take less time to find such people, but it also generally takes less time to develop effective working relationships with such similar people. When founders share a background, they share a common language that facilitates communication, ensuring that the team begins the work relationship with a mutual understanding and hence can skip over part of the learning curve that would absorb the energies of people with very different backgrounds. Increasing homogeneity may therefore be a particularly alluring- and, in some ways, a particularly sensible - approach for novice founders heading into unfamiliar territory. Certainly, studies have found that the greater the heterogeneity among executive team members, the greater the risk of interpersonal conflict and the lower the group-level integration. Even though it is very appealing to opt for the comfortable and easy decision to found with similar cofounders, by doing so founders may be causing long-term problems. Teams with a wide range of pertinent functional skills may be able to build more valuable and enduring startups. Conversely, homogenous teams tend to have overlapping human capital, making it more likely that the team will have redundant strengths and be missing critical skills.Which of the following can be inferred about start-ups that comprise of homogenous teams?a)They may take longer than average to make decisions in areas that the founding members are not familiar about.b)When they comprise of members who are remarkably homogenous with regard to skills and functional backgrounds, they may not be able to build more valuable ventures.c)They usually do not head into unfamiliar territory.d)They are at a far greater risk of interpersonal conflict than an average start up is.e)They may have redundant strengths that go underutilized.Correct answer is option 'B'. Can you explain this answer? for GMAT 2024 is part of GMAT preparation. The Question and answers have been prepared according to the GMAT exam syllabus. Information about Proverbial wisdom states that birds of a feather flock together. Studies have shown that people of similar geographical and educational backgrounds and functional experience are extremely likely to found companies together. Not considering spousal teams in the dataset, it has been found that a founding team is five times more likely to be all-male or all-female team. Also, it is more likely to find founding teams that are remarkably homogenous with regard to skills and functional backgrounds. Homogeneity has important benefits. For the founder struggling to meet the challenges of a growing startup, selecting cofounders from among the people with whom he or she probably has important things in common is often the quickest and easiest solution. Not only does it generally take less time to find such people, but it also generally takes less time to develop effective working relationships with such similar people. When founders share a background, they share a common language that facilitates communication, ensuring that the team begins the work relationship with a mutual understanding and hence can skip over part of the learning curve that would absorb the energies of people with very different backgrounds. Increasing homogeneity may therefore be a particularly alluring- and, in some ways, a particularly sensible - approach for novice founders heading into unfamiliar territory. Certainly, studies have found that the greater the heterogeneity among executive team members, the greater the risk of interpersonal conflict and the lower the group-level integration. Even though it is very appealing to opt for the comfortable and easy decision to found with similar cofounders, by doing so founders may be causing long-term problems. Teams with a wide range of pertinent functional skills may be able to build more valuable and enduring startups. Conversely, homogenous teams tend to have overlapping human capital, making it more likely that the team will have redundant strengths and be missing critical skills.Which of the following can be inferred about start-ups that comprise of homogenous teams?a)They may take longer than average to make decisions in areas that the founding members are not familiar about.b)When they comprise of members who are remarkably homogenous with regard to skills and functional backgrounds, they may not be able to build more valuable ventures.c)They usually do not head into unfamiliar territory.d)They are at a far greater risk of interpersonal conflict than an average start up is.e)They may have redundant strengths that go underutilized.Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for GMAT 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Proverbial wisdom states that birds of a feather flock together. Studies have shown that people of similar geographical and educational backgrounds and functional experience are extremely likely to found companies together. Not considering spousal teams in the dataset, it has been found that a founding team is five times more likely to be all-male or all-female team. Also, it is more likely to find founding teams that are remarkably homogenous with regard to skills and functional backgrounds. Homogeneity has important benefits. For the founder struggling to meet the challenges of a growing startup, selecting cofounders from among the people with whom he or she probably has important things in common is often the quickest and easiest solution. Not only does it generally take less time to find such people, but it also generally takes less time to develop effective working relationships with such similar people. When founders share a background, they share a common language that facilitates communication, ensuring that the team begins the work relationship with a mutual understanding and hence can skip over part of the learning curve that would absorb the energies of people with very different backgrounds. Increasing homogeneity may therefore be a particularly alluring- and, in some ways, a particularly sensible - approach for novice founders heading into unfamiliar territory. Certainly, studies have found that the greater the heterogeneity among executive team members, the greater the risk of interpersonal conflict and the lower the group-level integration. Even though it is very appealing to opt for the comfortable and easy decision to found with similar cofounders, by doing so founders may be causing long-term problems. Teams with a wide range of pertinent functional skills may be able to build more valuable and enduring startups. Conversely, homogenous teams tend to have overlapping human capital, making it more likely that the team will have redundant strengths and be missing critical skills.Which of the following can be inferred about start-ups that comprise of homogenous teams?a)They may take longer than average to make decisions in areas that the founding members are not familiar about.b)When they comprise of members who are remarkably homogenous with regard to skills and functional backgrounds, they may not be able to build more valuable ventures.c)They usually do not head into unfamiliar territory.d)They are at a far greater risk of interpersonal conflict than an average start up is.e)They may have redundant strengths that go underutilized.Correct answer is option 'B'. Can you explain this answer?.

Solutions for Proverbial wisdom states that birds of a feather flock together. Studies have shown that people of similar geographical and educational backgrounds and functional experience are extremely likely to found companies together. Not considering spousal teams in the dataset, it has been found that a founding team is five times more likely to be all-male or all-female team. Also, it is more likely to find founding teams that are remarkably homogenous with regard to skills and functional backgrounds. Homogeneity has important benefits. For the founder struggling to meet the challenges of a growing startup, selecting cofounders from among the people with whom he or she probably has important things in common is often the quickest and easiest solution. Not only does it generally take less time to find such people, but it also generally takes less time to develop effective working relationships with such similar people. When founders share a background, they share a common language that facilitates communication, ensuring that the team begins the work relationship with a mutual understanding and hence can skip over part of the learning curve that would absorb the energies of people with very different backgrounds. Increasing homogeneity may therefore be a particularly alluring- and, in some ways, a particularly sensible - approach for novice founders heading into unfamiliar territory. Certainly, studies have found that the greater the heterogeneity among executive team members, the greater the risk of interpersonal conflict and the lower the group-level integration. Even though it is very appealing to opt for the comfortable and easy decision to found with similar cofounders, by doing so founders may be causing long-term problems. Teams with a wide range of pertinent functional skills may be able to build more valuable and enduring startups. Conversely, homogenous teams tend to have overlapping human capital, making it more likely that the team will have redundant strengths and be missing critical skills.Which of the following can be inferred about start-ups that comprise of homogenous teams?a)They may take longer than average to make decisions in areas that the founding members are not familiar about.b)When they comprise of members who are remarkably homogenous with regard to skills and functional backgrounds, they may not be able to build more valuable ventures.c)They usually do not head into unfamiliar territory.d)They are at a far greater risk of interpersonal conflict than an average start up is.e)They may have redundant strengths that go underutilized.Correct answer is option 'B'. Can you explain this answer? in English & in Hindi are available as part of our courses for GMAT. Download more important topics, notes, lectures and mock test series for GMAT Exam by signing up for free.

Here you can find the meaning of Proverbial wisdom states that birds of a feather flock together. Studies have shown that people of similar geographical and educational backgrounds and functional experience are extremely likely to found companies together. Not considering spousal teams in the dataset, it has been found that a founding team is five times more likely to be all-male or all-female team. Also, it is more likely to find founding teams that are remarkably homogenous with regard to skills and functional backgrounds. Homogeneity has important benefits. For the founder struggling to meet the challenges of a growing startup, selecting cofounders from among the people with whom he or she probably has important things in common is often the quickest and easiest solution. Not only does it generally take less time to find such people, but it also generally takes less time to develop effective working relationships with such similar people. When founders share a background, they share a common language that facilitates communication, ensuring that the team begins the work relationship with a mutual understanding and hence can skip over part of the learning curve that would absorb the energies of people with very different backgrounds. Increasing homogeneity may therefore be a particularly alluring- and, in some ways, a particularly sensible - approach for novice founders heading into unfamiliar territory. Certainly, studies have found that the greater the heterogeneity among executive team members, the greater the risk of interpersonal conflict and the lower the group-level integration. Even though it is very appealing to opt for the comfortable and easy decision to found with similar cofounders, by doing so founders may be causing long-term problems. Teams with a wide range of pertinent functional skills may be able to build more valuable and enduring startups. Conversely, homogenous teams tend to have overlapping human capital, making it more likely that the team will have redundant strengths and be missing critical skills.Which of the following can be inferred about start-ups that comprise of homogenous teams?a)They may take longer than average to make decisions in areas that the founding members are not familiar about.b)When they comprise of members who are remarkably homogenous with regard to skills and functional backgrounds, they may not be able to build more valuable ventures.c)They usually do not head into unfamiliar territory.d)They are at a far greater risk of interpersonal conflict than an average start up is.e)They may have redundant strengths that go underutilized.Correct answer is option 'B'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Proverbial wisdom states that birds of a feather flock together. Studies have shown that people of similar geographical and educational backgrounds and functional experience are extremely likely to found companies together. Not considering spousal teams in the dataset, it has been found that a founding team is five times more likely to be all-male or all-female team. Also, it is more likely to find founding teams that are remarkably homogenous with regard to skills and functional backgrounds. Homogeneity has important benefits. For the founder struggling to meet the challenges of a growing startup, selecting cofounders from among the people with whom he or she probably has important things in common is often the quickest and easiest solution. Not only does it generally take less time to find such people, but it also generally takes less time to develop effective working relationships with such similar people. When founders share a background, they share a common language that facilitates communication, ensuring that the team begins the work relationship with a mutual understanding and hence can skip over part of the learning curve that would absorb the energies of people with very different backgrounds. Increasing homogeneity may therefore be a particularly alluring- and, in some ways, a particularly sensible - approach for novice founders heading into unfamiliar territory. Certainly, studies have found that the greater the heterogeneity among executive team members, the greater the risk of interpersonal conflict and the lower the group-level integration. Even though it is very appealing to opt for the comfortable and easy decision to found with similar cofounders, by doing so founders may be causing long-term problems. Teams with a wide range of pertinent functional skills may be able to build more valuable and enduring startups. Conversely, homogenous teams tend to have overlapping human capital, making it more likely that the team will have redundant strengths and be missing critical skills.Which of the following can be inferred about start-ups that comprise of homogenous teams?a)They may take longer than average to make decisions in areas that the founding members are not familiar about.b)When they comprise of members who are remarkably homogenous with regard to skills and functional backgrounds, they may not be able to build more valuable ventures.c)They usually do not head into unfamiliar territory.d)They are at a far greater risk of interpersonal conflict than an average start up is.e)They may have redundant strengths that go underutilized.Correct answer is option 'B'. Can you explain this answer?, a detailed solution for Proverbial wisdom states that birds of a feather flock together. Studies have shown that people of similar geographical and educational backgrounds and functional experience are extremely likely to found companies together. Not considering spousal teams in the dataset, it has been found that a founding team is five times more likely to be all-male or all-female team. Also, it is more likely to find founding teams that are remarkably homogenous with regard to skills and functional backgrounds. Homogeneity has important benefits. For the founder struggling to meet the challenges of a growing startup, selecting cofounders from among the people with whom he or she probably has important things in common is often the quickest and easiest solution. Not only does it generally take less time to find such people, but it also generally takes less time to develop effective working relationships with such similar people. When founders share a background, they share a common language that facilitates communication, ensuring that the team begins the work relationship with a mutual understanding and hence can skip over part of the learning curve that would absorb the energies of people with very different backgrounds. Increasing homogeneity may therefore be a particularly alluring- and, in some ways, a particularly sensible - approach for novice founders heading into unfamiliar territory. Certainly, studies have found that the greater the heterogeneity among executive team members, the greater the risk of interpersonal conflict and the lower the group-level integration. Even though it is very appealing to opt for the comfortable and easy decision to found with similar cofounders, by doing so founders may be causing long-term problems. Teams with a wide range of pertinent functional skills may be able to build more valuable and enduring startups. Conversely, homogenous teams tend to have overlapping human capital, making it more likely that the team will have redundant strengths and be missing critical skills.Which of the following can be inferred about start-ups that comprise of homogenous teams?a)They may take longer than average to make decisions in areas that the founding members are not familiar about.b)When they comprise of members who are remarkably homogenous with regard to skills and functional backgrounds, they may not be able to build more valuable ventures.c)They usually do not head into unfamiliar territory.d)They are at a far greater risk of interpersonal conflict than an average start up is.e)They may have redundant strengths that go underutilized.Correct answer is option 'B'. Can you explain this answer? has been provided alongside types of Proverbial wisdom states that birds of a feather flock together. Studies have shown that people of similar geographical and educational backgrounds and functional experience are extremely likely to found companies together. Not considering spousal teams in the dataset, it has been found that a founding team is five times more likely to be all-male or all-female team. Also, it is more likely to find founding teams that are remarkably homogenous with regard to skills and functional backgrounds. Homogeneity has important benefits. For the founder struggling to meet the challenges of a growing startup, selecting cofounders from among the people with whom he or she probably has important things in common is often the quickest and easiest solution. Not only does it generally take less time to find such people, but it also generally takes less time to develop effective working relationships with such similar people. When founders share a background, they share a common language that facilitates communication, ensuring that the team begins the work relationship with a mutual understanding and hence can skip over part of the learning curve that would absorb the energies of people with very different backgrounds. Increasing homogeneity may therefore be a particularly alluring- and, in some ways, a particularly sensible - approach for novice founders heading into unfamiliar territory. Certainly, studies have found that the greater the heterogeneity among executive team members, the greater the risk of interpersonal conflict and the lower the group-level integration. Even though it is very appealing to opt for the comfortable and easy decision to found with similar cofounders, by doing so founders may be causing long-term problems. Teams with a wide range of pertinent functional skills may be able to build more valuable and enduring startups. Conversely, homogenous teams tend to have overlapping human capital, making it more likely that the team will have redundant strengths and be missing critical skills.Which of the following can be inferred about start-ups that comprise of homogenous teams?a)They may take longer than average to make decisions in areas that the founding members are not familiar about.b)When they comprise of members who are remarkably homogenous with regard to skills and functional backgrounds, they may not be able to build more valuable ventures.c)They usually do not head into unfamiliar territory.d)They are at a far greater risk of interpersonal conflict than an average start up is.e)They may have redundant strengths that go underutilized.Correct answer is option 'B'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Proverbial wisdom states that birds of a feather flock together. Studies have shown that people of similar geographical and educational backgrounds and functional experience are extremely likely to found companies together. Not considering spousal teams in the dataset, it has been found that a founding team is five times more likely to be all-male or all-female team. Also, it is more likely to find founding teams that are remarkably homogenous with regard to skills and functional backgrounds. Homogeneity has important benefits. For the founder struggling to meet the challenges of a growing startup, selecting cofounders from among the people with whom he or she probably has important things in common is often the quickest and easiest solution. Not only does it generally take less time to find such people, but it also generally takes less time to develop effective working relationships with such similar people. When founders share a background, they share a common language that facilitates communication, ensuring that the team begins the work relationship with a mutual understanding and hence can skip over part of the learning curve that would absorb the energies of people with very different backgrounds. Increasing homogeneity may therefore be a particularly alluring- and, in some ways, a particularly sensible - approach for novice founders heading into unfamiliar territory. Certainly, studies have found that the greater the heterogeneity among executive team members, the greater the risk of interpersonal conflict and the lower the group-level integration. Even though it is very appealing to opt for the comfortable and easy decision to found with similar cofounders, by doing so founders may be causing long-term problems. Teams with a wide range of pertinent functional skills may be able to build more valuable and enduring startups. Conversely, homogenous teams tend to have overlapping human capital, making it more likely that the team will have redundant strengths and be missing critical skills.Which of the following can be inferred about start-ups that comprise of homogenous teams?a)They may take longer than average to make decisions in areas that the founding members are not familiar about.b)When they comprise of members who are remarkably homogenous with regard to skills and functional backgrounds, they may not be able to build more valuable ventures.c)They usually do not head into unfamiliar territory.d)They are at a far greater risk of interpersonal conflict than an average start up is.e)They may have redundant strengths that go underutilized.Correct answer is option 'B'. Can you explain this answer? tests, examples and also practice GMAT tests.