Which of the Following Statements Is True About R&D

question 44

Multiple Choice

Which of the following statements is true about R&D?

• A)Companies invest in R&D to gain a pipeline of new products.
• B)Corporate R&D began in the United States with Luis Walter Alvarez.
• C)Edison's patents had more to do with individual genius and less to do with management genius.
• D)R&D refers to two independent processes of identifying new ideas and copying them for multiple companies.
• E)Bringing management discipline to R&D restricts invention by limiting the creative genius of employees.

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Definitions:

Option Period

A predetermined time within a contract when a party can exercise specific rights, like extending the contract or purchasing an asset.

Tax Benefit

Financial savings in tax that are realized through various deductions, credits, or exclusions from gross income.

Revoked

Officially canceled, withdrawn, or annulled, often referring to licenses, permissions, or legal rights.

Unilateral Contract

A contract in which one party makes a promise in exchange for the other party's performance, becoming binding only upon the latter's action.