Financial Glossary

Distributed Team

A team refers to a group of people that work together. In business, this could be a marketing, development, or research team (for example). If that team is co-located, that means they are able to work together in the same room, in person. If they are a Distributed Team, that means they could be located in different cities or even different countries, but still, be part of the same team that works closely together on projects.

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