The Creation of a Venture Team by 3M Corporation to Investigate

question 117

True/False

The creation of a venture team by 3M Corporation to investigate a new line of adhesive products involved gathering a group of specialists from different areas of the organization, for as long a period of time as was needed, to perform the task of new product development.

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Definitions:

Par Value

The nominal or face value of a bond, share of stock, or coupon as stated by the issuer.

Proxy

An authority to act on behalf of another person in voting at shareholder meetings or making other decisions.