-Refer to Figure

question 19

Multiple Choice

-Refer to Figure .Which of the following statements is true regarding A, B, and C in this structure?

• A)They can each function as stand-alone firms.
• B)They must have similar substructures.
• C)They are different functional departments within the organization.
• D)They have no authority to take final decisions.

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Definitions:

R&D

Stands for Research and Development; it is the investigative work a business conducts to improve existing products and procedures or to lead to the development of new products and procedures.

Differentiate Products

To differentiate products means to make them distinct from competitors' offerings through unique features, quality, or branding, to attract specific customer segments.

Pure Competitors

Firms within a market where numerous sellers offer highly similar products, ensuring no single company has control over the market price.

R&D

Research and Development, which refers to the activities companies undertake to innovate and introduce new products or services.