The group of people who lead the development of a new product act as "a company within a company."

Name: The group of people who lead the development of a new product act as "a company within a company."
Brand: Quizplus
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Question

Quizplus · Accepted Answer

This statement is true. The team responsible for the development of a new product is often given a high level of autonomy and may have their own budget, resources, and decision-making power within the larger organization. This helps to foster innovation and agility in bringing new products to market.

The Group of People Who Lead the Development of a New