Innovatech Solutions, a global technology company, has a top$-$level management team that embraces heterogeneity. The CEO of Innovatech Solutions is an industry veteran with extensive experience in technology and business leadership. Their expertise lies in strategic planning, market expansion, and mergers and acquisitions. Their vision and leadership set the tone for the entire management team. On the other hand, the CTO has a deep understanding of emerging technologies, the CFO has a strong background in finance, and the CMO is skilled in brand management. The heterogeneity of a top management team refers to

the diversity in functional backgrounds, experience, and education.

the level of education of team members.

the amount of power held by each team member.

the number of members in the team.