Describe the Three Strategic Approaches Used to Produce and Manage

question 43

Essay

Describe the three strategic approaches used to produce and manage innovation: internal corporate venturing,strategic alliances and acquisitions.

---

Definitions:

Discrete Data

Data that can only take on specific values and cannot be made more precise by further measuring or subdividing.

Skewed Left

A distribution characterized by a longer tail on the left side, suggesting that the bulk of data is concentrated to the right of the mean.

Relative Frequency Histogram

A type of histogram that displays the relative frequencies of different categories of data, showing the proportion of data that falls into each category rather than the raw count.

Frequency Histogram

A graphical representation showing the frequency of various outcomes in a dataset, usually with bars.