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:

Data Collection

The systematic gathering of information from various sources to address a specific question or evaluate outcomes.

Co-Leader

An individual who shares leadership responsibilities with another leader in guiding a group, organization, or initiative.

Biasing Data

The act of influencing or skewing information in a way that distorts the truth or accuracy of the data.

Simulations

The act of imitating the operation of a real-world process or system over time for the purpose of training, analysis, or prediction.