Principled Entrepreneurship and Shared Leadership: The Case of TEOCO (The Employee Owned Company)

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What is the most important aspect of TEOCO's structure in the eyes of Atul Jain, the company's founder?

a. Marketing

b. Research and Development

c. Human Resources

d. Production

Atul Jain, as the founder of TEOCO, has a concern about the partnership with TA Associates. He is afraid that the authority and decision-making processes will change and not have the same focus as TEOCO has had in the past. What is Jain concerned may change?

a. Organizational hierarchy

b. Board of Directors

c. Organizational structure

d. Structural stability

TEOCO and TA Associates have assets and resources that are complementary to their respective core businesses. The partnership talks have been hectic, but the acquisition was friendly. Knowing this, what will be the most likely result of this partnership?

a. Financing (debt or equity) will be easier and less costly to obtain

b. Maintaining long-term competitive advantage in markets will be easier

c. Overpayment will be avoided

d. A fast, effective integration with a high probability of synergy and competitive advantages

The partnership will inevitably bring about change in the company's structure and culture. With the strong culture and values of TEOCO, what will be a barrier for the management team to overcome?

a. The Board of Directors

b. Organizational inertia

c. Structural stability

d. Corporate governance

The primary goal of the partnership between TEOCO and TA is to grow as a business. TEOCO has stated that its success is a byproduct of one aspect of the company. What is that aspect that TEOCO will want to be the focus during this partnership?

a. Low cost structure

b. The employee-focused culture

c. The consumer-focused culture

d. Structural flexibility