Anchor Investments Inc. ,an investment bank,acts as a financial advisory body to many independent asset owners.The bank acquires a high-stakes project that requires the exclusive involvement of senior project managers.They therefore work in relative privacy away from the rest of the organization.In this scenario,Anchor Investments is most likely using the _____ approach.

Question

Quizplus · Accepted Answer

The scenario mentioned in the question indicates that Anchor Investments Inc. is using the skunkworks approach. This approach involves creating a small, high-performance team that works independently to develop a new product or service away from the rest of the organization. Senior project managers working on a high-stakes project in relative privacy aligns with the characteristics of the skunkworks approach.