In class, we engaged with and discussed the GoVentureCEO teaching simulation in great detail. The simulation's context, i.e. the managing of a business in the hypothetical sports drink market, entails many tasks that were executed by an individual (i.e. you) within the simulation. We discussed how responsibility charts using ERICA can help to define the roles within a management team that could oversee and manage a firm that operates in such an environment. One possible solution for a responsibility chart could look like this: EKILA stanas for: -execute; K-responsible; 1 - gets informea; C-contributes; A - approves (A does not need to be allocated for all tasks) a) Critically discuss the above responsibility chart. Under what conditions would it make sense to implement such an allocation of responsibilities? (20 points) b) Propose a new chart with revised allocations of responsibilities that would eliminate the category "A-approves", and, at the same time, also involve all four roles more evenly. Discuss the revised roles within the management team. ( 30 points)