Managers Perceive Internal Product Development as a High-Risk Activity and Tend

question 75

Multiple Choice

Managers perceive internal product development as a high-risk activity and tend to choose acquisitions because approximately _______ percent of innovations are imitated within four years after patents are obtained.

• A) five
• B) ten
• C) sixty
• D) twenty

---

Definitions:

Justification Report

A detailed document providing reasonings and evidence to support a particular action, decision, or proposal.

Milestones

Milestones are significant markers or points in time within a project or life that signify an important achievement or a pivotal event.

Report Sponsor

An individual or organization that supports or commissions a report, often providing funding or resources.