An Approach to Internal New Venturing That Has Been Championed

question 50

True/False

An approach to internal new venturing that has been championed by those who believe that the best way to encourage new-product development is to integrate this effort into the rest of the organization is the creation of a new-venture division.

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Definitions:

Rental Car Industry

A sector of the transportation industry that offers vehicles for hire on a short term basis, typically ranging from a few hours to several weeks.

Irrigation System

A network of supplies and managements used to provide water to agricultural land to aid in the growing of crops.

Total Investment

The complete amount of money allocated for the purchase of new assets, expansion of operations, or other investments within a particular period.

Expected Rate Of Return

The projected return on an investment, considering both the probability of gains and the potential for losses, over a specific time period.