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Research and Development Are Risky Activities

question 92

Essay

Research and Development are risky activities.According to marketing literature, a very small percentage of new products ever make it to the marketing stage.How do firms attempt to share the risks of spending on R&D?


Definitions:

Internet

A global network connecting millions of computers, allowing the exchange of data, communication, and resources.

Jurisdiction Issues

Challenges or questions that arise concerning the legal authority of a court to hear a case or the geographic area in which a court has authority.

Complicated

Characterized by difficulty; complex, involving many different and connected parts.

Limited Jurisdiction

The authority vested in certain courts to hear and decide only specific types of legal cases, often restricted by case type, monetary value, or geography.

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