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Question
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 or service offers.
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 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.
Answer
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Related questions
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C. encompass all the major rules and regulations of the corporate work force
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Examples of __________ include: To be the happiest place on earth (Disneyland), and Restoring patients to full life (Medtronic).
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The hierarchy of organizational goals is in this order (least specific to most specific):
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B. Traditional strategic controls are usually inappropriate.
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D. Detailed plans are needed to maintain order.