Final answer:
Hasbro is assembling a team with diverse departmental representation to develop a new board game, which is known as a cross-functional team; this team leverages multiple skills and perspectives to achieve their goal.
Step-by-step explanation:
In the context provided, Hasbro is assembling a team with employees from various departments - manufacturing, design, sales, marketing, and market research - to develop a new board game. This type of team is known as a cross-functional team because it includes members with different areas of expertise and roles within the organization. These teams leverage the diverse skills and perspectives of their members to achieve a common goal. Because the team members come from various functional areas within the company, they can provide holistic insights and drive innovation, effectively contributing to the new product development process.
The members of a cross-functional team collaborate and coordinate activities across their respective departments, ensuring that all necessary viewpoints are considered in the development of the new board game. This stands in contrast to a virtual team, which is defined by its geographically disbursed members who collaborate online. A production team, by definition, focuses solely on the manufacturing aspect, while an informal group does not have the official mandate that a cross-functional team typically has within an organization.