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Are there specific type of companies that might prefer an Agile Development approach instead of the traditional method. If so, why?

Are there specific type of companies that might prefer an Agile Development approach instead of the traditional method. If so, why?
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Question:
Is there specific type of companies that might prefer an Agile Development approach instead of
the traditional method? If so, why?
Solution:
The traditional development approach has been...

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