A Key to Effective Innovation by the Entrepreneur Is

question 32

Multiple Choice

A key to effective innovation by the entrepreneur is:

• A)dedicating at least 20% of pre-tax revenues to R & D.
• B)always looking for new product and service ideas.
• C)hiring managers with a track record for innovation.
• D)None of these

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Definitions:

Market Efficiency

An idea in financial economics stating that the prices of assets completely incorporate all existing information.

Market Efficiency

A concept in financial economics that states that asset prices fully reflect all available information, making it impossible to consistently achieve higher returns than the overall market.

Capital Market History

The study of the evolution and development of financial markets, instruments, and institutions over time.

Treasury Bills

Short-term government securities with maturities of one year or less, sold at a discount to their face value.