Which of the Following Is an Example of an External

question 74

Multiple Choice

Which of the following is an example of an external product development strategy?

• A)new internally developed products
• B)enhancements to existing products
• C)alliances
• D)migrations of existing products
• E)All of the above are examples of internal product development strategy.

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Definitions:

Right of Return

A policy that allows customers to return purchased goods within a specified period if they are not satisfied.

Sales Price

The amount for which a commodity is sold to a customer, excluding tax, shipping, and handling.

Cash Planning

The process of forecasting, managing, and monitoring a company's cash inflows and outflows to ensure it has sufficient liquidity to meet its obligations.

Maturing Obligations

Financial commitments or debts that are due for payment or settlement.