Many successful entrepreneurial firms do not develop their own technology; rather, they combine and distribute inventions and innovations generated by others upstream. This is known as:
a. turnkey innovation
b. technology indigenization
c. benchmarking
d. reengineering
Answer: a. turnkey innovation
You might also like to view...
The non-verbal/behavioral channel includes all forms of data that are not spoken or written
Indicate whether the statement is true or false.
Which of the following is not a barrier to entry:
a. Capital b. Manufacturing c. Marketing d. All are potential barriers to entry
If we want to get some idea about a/an ________ over time between two specific assets, we can compare the returns on top-rated corporate bonds and U.S. government bonds
A) inflation premium B) default premium C) maturity premium D) liquidity premium
Mike's annual income is $45,000, and he spends $30,000 for current needs. Mike's average propensity to consume is 80 percent.
Answer the following statement true (T) or false (F)