Corporate ventures that use real options logic in decision making tend to keep total investment low in order to minimize the downside risk of a project.
Answer the following statement true (T) or false (F)
True
The real options logic process of evaluating ideas separates winning ideas from losing ones in a way that keeps investments low. Using real options logic to advance the development process is a key way that firms reduce uncertainty and minimize innovation-related failures.
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Having only one person authorized to both prepare and sign checks is a violation of what internal control procedure?
a. Segregation of duties b. Independent review and appraisal c. Independent verifications d. Proper authorizations
General Electric Corp. developed a(n) _____ that helps nonexperts to identify common metals and alloys outside laboratories.
A. decision support system (DSS) B. enterprise resource planning (ERP) system C. expert system (ES) D. supply chain management (SCM) system
Interface, the producer of FLOR carpeting, has a solid record in sustainable business practice and:
A. is committed to triple bottom-line accounting. B. spins its products from heavy-oil petroleum. C. makes impressive contributions to sustainable development in developing economies. D. sources its raw materials from recycled petroleum-based carpeting.
Consultative-style selling practices have become popular because they can be easily mastered
Indicate whether the statement is true or false