Which of the Following Is True of Development Projects

question 95

Multiple Choice

Which of the following is true of development projects?

• A) They promote an idea throughout the organization, searching for support.
• B) They develop the skills needed to install and operate new technology.
• C) They assess the technological implications of major strategic initiatives.
• D) They adopt an early-follower strategy to grab a dominant position in the market.
• E) They feature a cross-functional team that works together on an overall concept.

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Definitions:

Active Antitrust Perspective

Refers to a proactive stance by regulatory bodies to prevent and break down monopolies and promote competition in the market.

AT&T Antitrust Case

A landmark legal case in which AT&T, once a telecommunications monopoly, was forced to divest its regional subsidiaries (“Baby Bells”) in 1984 due to antitrust violations.

Alcoa Case

A landmark antitrust case in U.S. law, where the Aluminum Company of America (Alcoa) was found to have monopolized the aluminum market, leading to significant legal and economic discussions on competition.

Unreasonably Restrain Trade

Legal term used in antitrust law to describe business practices that prevent or reduce competition in a market, considered illegal under various trade laws.