Lockheed's Skunkworks,a group of researchers pulled out of their familiar departments and routine activities to concentrate on specific innovation targets,is a good illustration of a _____ (the venture may be kept in the regular organization,or it may be spun outside the current division).
A)spinout venture
B)spin-off venture
C)functional organization
D)functional matrix

Question

Quizplus · Accepted Answer

A spinout venture refers to a project or initiative that is developed within a company but operates semi-independently, often focusing on innovation, similar to Lockheed's Skunkworks.

Lockheed's Skunkworks,a Group of Researchers Pulled Out of Their Familiar