A venture team has the authority to execute plans for the development of products.

Name: A venture team has the authority to execute plans for the development of products.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Venture teams are generally assigned with the responsibility and authority to execute plans for the development of products. They are expected to generate new ideas, evaluate their feasibility, develop business plans, and execute them to bring new products to market. Therefore, the statement is true.

A Venture Team Has the Authority to Execute Plans for the Development