Which of the Following Is an Example of an External

question 74

Multiple Choice

Which of the following is an example of an external product development strategy?

• A)new internally developed products
• B)enhancements to existing products
• C)alliances
• D)migrations of existing products
• E)All of the above are examples of internal product development strategy.

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Definitions:

Assets

Resources owned or controlled by an entity that are expected to produce economic value.

Balance Sheet

A Balance Sheet is a financial statement that summarizes a company's assets, liabilities, and shareholders' equity at a specific point in time, providing insight into its financial condition.

Service Revenue

Service revenue is the income a company generates from providing services, as opposed to selling physical goods.

Asset Increase

A rise in the total value of a company's assets, which can result from additional investments, improved asset values, or acquisition of new assets.