Which of the Following Statements Regarding Internal Development as a Means

question 37

Multiple Choice

Which of the following statements regarding internal development as a means of diversification is ?

• A) Many companies use internal development to extend their product lines or add to their service offerings.
• B) An advantage of internal development is that it is generally faster than other means of diversification and firms can benefit from speed in developing new products and services.
• C) The firm is able to capture the wealth created without having to 'share the wealth' with alliance partners.
• D) Firms can develop products or services at a lower cost if they rely on their own resources instead of external funding.

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Definitions:

Mitotic Activity

The process and rate of cell division in which a single cell divides to produce two identical daughter cells.

Stratum Basale

The deepest layer of the epidermis, responsible for generating new skin cells and containing melanocytes, which produce melanin that gives skin its color.

Albinism

A genetic disorder characterized by a lack of melanin pigment in the skin, hair, and eyes, resulting in a very pale appearance and sensitivity to sunlight.

Melanin

A pigment that gives human skin, hair, and eyes their color and offers protection against UV radiation.