For Successful Companies,which of the Following Statements Is True

question 90

Multiple Choice

For successful companies,which of the following statements is true?

• A)They often adapt to changes in customer tastes.
• B)They spend less time on technology-related projects.
• C)They refrain from all kinds of competition.
• D)They strive to reduce the standards of living of their respective countries.

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Definitions:

R&D Activities

Research and Development activities aimed at innovating and improving products or processes.

Universities

Educational institutions focused on higher learning and research, granting academic degrees in a variety of subjects.

Spin-Off Firms

Companies formed by a division or portions of a parent company becoming an independent entity, often to pursue specific objectives or strategies that differ from the parent company.

Entrepreneurs

Individuals who initiate, manage, and assume the risks of a business or enterprise.