The R&D Function Will Have the Greatest Centrality When an Organization

question 29

Multiple Choice

The R&D function will have the greatest centrality when an organization pursues which of the following strategies?

• A) Outsourcing
• B) Differentiation
• C) Vertical differentiation
• D) Low-cost

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Definitions:

Consumption

The process of using goods and services to satisfy wants or needs.

Revealed Preferences

An economic theory that infers preferences of consumers by observing choices made under budget constraints, instead of through direct inquiry of preferences.

Francs

Currency units formerly used in France and currently used in some countries of the Francophone world, including Switzerland and some African countries.

Consumption

The use of goods and services by households, contributing to their satisfaction and utility.