A unit separate from the rest of the organisation responsible for the development of a major innovation is known as the:
A) new product group
B) matrix group
C) new-venture team
D) vertical group
E) change team.

Question

Quizplus · Accepted Answer

A new-venture team is a unit separated from the rest of the organisation and responsible for the development of a major innovation. This team usually has autonomy and is free from the constraints and bureaucracy of the main organisation. Option A (new product group) and D (vertical group) do not accurately describe a unit responsible for major innovations, while option B (matrix group) and E (change team) are more general terms and can refer to different types of units within an organisation.

A Unit Separate from the Rest of the Organisation Responsible