If the Firm Is Not Organized to Capture the Value

question 51

Multiple Choice

If the firm is not organized to capture the value from its resources it will not profit from the investment in the resources.In the 1980's Xerox's Palo Alto Research Center (PARC) developed many of the foundations for the ___________ industry.Yet these valuable and rare innovations were commercialized by other firms.

• A) Photo copying
• B) Transportation
• C) Desktop computing
• D) Music

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Definitions:

Alcohol Preference

An individual's tendency to choose alcoholic beverages over non-alcoholic ones, often used in studies of addiction and behavior.

Concordance Rates

The probability that two individuals with shared genetics (typically twins) will both present a particular trait or disorder, used in studies of heritability.

Cocaine Abuse

The problematic use of the stimulant drug cocaine, leading to significant impairment or distress.

Reward Circuit

A dopamine-rich circuit in the brain that produces feelings of pleasure when activated.