Team-based learning (TBL) is an approach that builds on both the case method and problem-based learning and has been widely adopted in the sciences and healthcare disciplines. In recent years business disciplines have also discovered the value of this approach. One of the key characteristics of the team-based learning approach consists of exercises that require teams to choose a specific answer and defend it against the answers of other teams. Discipline-specific exercises designed for this approach are not in abundance, and a gap in the literature exists regarding information on how to create effective exercises for the business disciplines. This paper reviews the concept of team-based learning as related to business, discusses the need for help in designing effective exercises, and suggests four avenues for filling the void.