Which of the Following Statements Is True of Research and Development

question 1

Multiple Choice

Which of the following statements is true of research and development (R&D) contracts?

• A) They make innovations at relatively high cost.
• B) They are difficult to negotiate and enforce.
• C) Quality of a research is easy to assess.
• D) Firms build their core R&D capabilities in the long run.

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Definitions:

Midnight Deadline

A point in time specified as the end of a day or deadline, often used in the context of projects, assignments, or contracts to indicate the final moment something is due.

Forges

Workshops or places equipped with furnaces and tools for heating and shaping metal objects.

Reimburse

To pay back or compensate someone for expenses incurred or losses suffered.

Bounce

The return of a paper check or electronic funds transfer due to insufficient funds in the account it was drawn on.