Frank is a senior executive at Company XYZ and has argued that a top-down approach to new product development should be implemented.Frank explains that just because the top-down approach has few steps in the process doesn't mean the products are simple, or that the process unfolds quickly.Frank's explanation of the top-down approach is correct.

Question

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The top-down approach involves high-level decision-making and planning, which can be complex and time-consuming, despite having fewer steps.

Frank Is a Senior Executive at Company XYZ and Has