The Corporate Decision on Type and Level of R&D Activity

question 199

Multiple Choice

The corporate decision on type and level of R&D activity is difficult because

• A)the interest-rate cost of funds is difficult to estimate.
• B)much of corporate R&D is based on the pursuit of science, not on the profit motive.
• C)expected returns lie in the future and are highly uncertain.
• D)total returns and marginal returns greatly diverge.

Distinguish between digital information fluency and traditional communication methods.

Discuss the concept of professionalism and identify the traits that contribute to professional behavior in the workplace.

Understand the barriers to communication and how to overcome them.

Grasp the importance of empathy in crafting messages.

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Definitions:

Overhead Cost

The ongoing expenses of operating a business that are not directly attributable to a specific product or service, including rent, utilities, and administrative expenses.

Product Costs

The total costs incurred to produce a product, including direct materials, direct labor, and manufacturing overhead.

Activity-Based Costing

A costing method that assigns costs to products or services based on the activities and resources that go into producing them.

Machine-Hours

A measure of production activity that quantifies the number of hours machines are operated in the manufacturing process.