Which of the Following Statements Regarding Internal Development as a Means

question 4

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:

Systematic Observation

Systematic observation involves carefully planned and structured watching of behaviors or phenomena in order to gather data for analysis in a scientific manner.

Narcissistic Charismatics

Individuals with a narcissistic personality who possess charismatic qualities, often leading them to be persuasive and influential, yet potentially manipulative.

Descriptive Research

Research that aims to accurately and systematically describe a population, situation, or phenomenon, often through observation.

Persistent Quest

Denotes a continuous and determined pursuit or search for something.