Managers Perceive Internal Product Development as a High-Risk Activity and Tend

question 107

Multiple Choice

Managers perceive internal product development as a high-risk activity and tend to choose acquisitions because approximately __________ percent of innovations fail to achieve adequate returns.

• A) 48
• B) 68
• C) 88
• D) 98

---

Definitions:

Costs

The monetary value spent or required to buy, produce, accomplish, or maintain something.

Environmental Regulations

Rules and standards set by authorities to control the impact of human activities on the environment.

Utilities

Essential services provided by public and private sectors such as water, electricity, gas, and sewer services.

Taxes

Compulsory financial charges or some other type of levy imposed upon a taxpayer by a governmental organization in order to fund government spending and various public expenditures.