It takes about $1 billion for a drug company to develop a new drug to market

a. True
b. False
Indicate whether the statement is true or false


True

Business

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What is the difference between the Oral Tradition and the Written or Print Tradition?

What will be an ideal response?

Business

Because firms must be developing new products all the time, which of the following statements is true?

A. One new invention may make possible many new products to replace old ones. B. The developed economies experience technological advances more rapidly than the less-developed economies. C. Competitors are likely to rapidly introduce product improvements in the market growth stage. D. Although the life of different products varies, product life cycles are getting shorter. E. All these answers are correct.

Business

The United States Constitution:

a. has both clear rules and general principles b. has only clear rules c. has only general principles d. has one fundamental goal e. none of the other choices

Business

In the following example, which type of B2B model is being used?

To acquire a new book inventory, we talk to our warehouse. The buyer (the book store) browses the supplier's (the warehouse) book list and places orders for books. In our case, we have a local copy of the books that the warehouse stocks. The warehouse compiles book lists from many publishers and provides the compiled list to retailers. Retailers then search for books using this one access point, instead of searching over many lists. The warehouse would then fulfill the orders made by buyer. (a) Intermediary-oriented. (b) Supplier-oriented. (c) Buyer-oriented. (d) None of the above.

Business