If a Company Wishes to Be a Technological Follower and Also

question 73

Multiple Choice

If a company wishes to be a technological follower and also pursue a differentiation strategy,the appropriate R&D strategy would be to

• A) adapt the product or delivery system more closely to buyer needs by learning from the leader's experience.
• B) value activities by learning from the leader's experience.
• C) avoid R&D costs through imitation.
• D) create low-cost ways of performing value activities.
• E) innovate in other activities to increase buyer value.

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Definitions:

Functional Currency

The currency of the primary economic environment in which an entity operates, generally the currency in which it primarily generates and expends cash.

Relative Value

A method of determining an asset's value that takes into consideration the value of similar or related assets.

Functional Currency

The currency of the primary economic environment in which the entity operates, typically used in measuring and reporting its financial results.

Remeasure

The process of adjusting the value of a financial instrument or asset to reflect its current market value.