Which of the Following Statements Regarding Internal Development as a Means

question 31

Multiple Choice

Which of the following statements regarding internal development as a means of diversification is false?

• A)Many companies use internal development to extend their product or service offers.
• B)An advantage of internal development is that it is generally faster than other means of diversification and firms can benefit from speed in developing new products and services.
• C)The firm is able to capture wealth created without having to share the wealth with alliance partners.
• D)Firms can often develop products or services at a lower cost, if they rely on their own resources instead of external funding.

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Definitions:

Formulate Plan

The act of creating a detailed proposal for achieving specific objectives or solving particular problems.

Closing Section

The final part of a document, presentation, or communication, summarizing key points and often providing recommendations or calls to action.

Thank-You Note

A written expression of gratitude, often sent after receiving a gift or favor.

Abbreviations

Shortened forms of words or phrases, used to save space or time, such as "ASAP" for "as soon as possible."