Which of the Following Statements Regarding Internal Development as a Means

question 34

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 lines or add to their service offerings.
• 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 the 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:

Coffee Shop

A type of establishment that primarily serves coffee, along with other beverages and light food items, often serving as a place for social interaction or personal work.

P-value

The probability of observing a test statistic as extreme as, or more extreme than, the value observed, under the assumption that the null hypothesis is true.

Test Statistic

A value calculated from sample data that is used to make decisions about a population parameter in hypothesis testing.

Kruskal-Wallis Test

A statistical test that doesn't rely on parameter assumptions to evaluate if notable differences exist between two or more independent variable groups, focusing on a continuous or ordinal dependent variable.