R&D Spending Decisions Are Complicated Because

question 19

Multiple Choice

R&D spending decisions are complicated because

• A)costs of R&D are immediate, while benefits occur at some future time and are uncertain.
• B)benefits of R&D are clear, but costs are complicated and hard to estimate.
• C)there are so many different sources of funds for R&D, and they each require different returns.
• D)it is difficult to determine which R&D activities could be patented.

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Definitions:

Forms

In philosophy, particularly Platonic thought, the abstract, perfect, unchangeable concepts or ideals that represent the most accurate reality.

Egoism

A moral philosophy that sees the pursuit of one's own good as the basis of ethical behavior.

Moral Philosophy

The branch of philosophy that deals with questions of right and wrong, ethics, and moral obligations.

Theories

Systematic frameworks for explaining, predicting, and understanding phenomena, often based on general principles independent of the things to be explained.