DRF Technologies Has Been Strictly Following Its Standardized Protocol Design

question 23

Multiple Choice

DRF Technologies has been strictly following its standardized protocol design when updating or innovating products. However, it recently received complaints from a few of its clients who were not satisfied with the design and basic operation of the devices supplied to them. Technicians at DRF identified the problem and then chose to collaborate with individuals outside the firm to gain knowledge about possible solutions to the problem. To find a solution, they integrated the newly obtained knowledge with their local knowledge base. Which of the following steps of the innovator's imperative is demonstrated in this scenario?

• A) Uncovering principles
• B) Minimizing goals
• C) Reaching out
• D) Scheduling invention

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Definitions:

Market Price

The price at this moment for buying or selling an asset or service.

Cash Acquisition

The purchasing of a company or asset with immediate payment in full in cash, instead of using financing options or issuing shares.

Synergy Value

The additional value created by combining two companies, resulting from efficiencies or growth opportunities not available to either company individually.

Cash Acquisition

A method of purchasing a company or asset where the buyer uses cash as the form of payment rather than stocks or other forms of payment.