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rewona [7]
3 years ago
15

Which of the following statements concerning research and development is correct? a. Exploratory research is directed toward com

mercialization of a new technology. b. Development research is more important than exploratory research. c. Exploratory research and development research are needed for internal new venturing. d. Exploratory research is more important than development research. e. Development research advances basic science.
Business
1 answer:
balu736 [363]3 years ago
8 0

Answer:

c. Exploratory research and development research are needed for internal new venturing.

Explanation:

Exploratory research as the name suggests is a form of research and development which is targeted at exploration or discovery of something which did not exist before such a research. It is the foremost research to attain clarity on the exact nature of a problem.

Development research on the other hand utilizes the findings of a research already conducted to design and develop products and methods. Such a research generates required knowledge and designs for production which form ideal models for creation of products.

Internal new ventures refer to starting completely new business ventures in new markets or entering new industry. Such ventures require both exploratory and development form of research as the venture is completely new, which will require both exploration i.e discorvery and development of new products based upon the findings of exploratory research.

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Non price competition is competing against others when price isn't the driving force of differentiation. If a local restaurant repairs a new recipe for it's lunch menu it is using the physical characteristic form of non price competition. The restaurant is hoping to differentiate based on the quality and taste of their new lunch item compared with another restaurants. 
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mote1985 [20]

Answer: the doctrine of unconscionability

Explanation:

The doctrine of unconscionability is a defense that is against enforcing a contract. From the question, we are informed that Orlin bought a refrigerator, on credit, from a salesman and the salesman want him to pay 10 times the worth of the refrigerator.

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6 0
4 years ago
_________ forecasting method is well suited to situations in which sales forecasts are needed for a large number of products.
nikdorinn [45]

Answer:

D. Moving averages

Explanation:

Moving averages is a method of forecasting which is adopted to receive an overall idea of the trends for a given data

Moving averages is an average of any subset of numbers.

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How do you calculate the variable cost?
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Hope this helps have a great day :)

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Business firms that sell to retailers and other merchants, and/or to industrial, institutional, and commercial users-but which d
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