Final answer:
When a functional manager assumes control over project details, it signals an established firm's transparency and diminished need for personal knowledge of managers, engendering investor confidence.
Step-by-step explanation:
Under normal business conditions, when the functional manager takes over control of important details of the project, this is indicative of a more established firm where the direct, personal knowledge of individual managers becomes less pivotal. With a company's strategy set to potentially yield profits, information on products, revenues, costs, and profits is widely available, thus making the intimate knowledge of managerial plans less crucial. It allows outside investors, who may not personally know the managers, to feel more confident in providing financial capital, as the company's financial health and business plans are transparent and well-communicated.