Which of the Following Statements About Skunkworks Is False

question 36

Multiple Choice

Which of the following statements about skunkworks is false?

• A) They are independent work groups.
• B) They are autonomous.
• C) They refer to a specialized type of outside contractor that corporations use to develop entrepreneurial ideas.
• D) They are used to leverage existing strengths in new arenas to identify new opportunities.

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Definitions:

Stockholders

Individuals or entities that own shares in a corporation, thus holding partial ownership of the company.

Current Assets

Refers to assets that a company expects to convert into cash within one year or one business cycle, whichever is longer.

Net Fixed Assets

The value of a company’s fixed assets minus any accumulated depreciation, representing the actual value of the company's fixed assets.

Owners' Equity

This is the residual interest in the assets of the entity after deducting liabilities, essentially representing the ownership interest of shareholders in a company.