Which strategy generally entails large research and development expenditures?
A)Retrenchment
B)Divestiture
C)Product development
D)Forward integration
E)Market penetration

Question

Quizplus · Accepted Answer

Product development generally involves creating new products or improving existing ones, which requires significant research and development expenditures. Retrenchment involves cost-cutting measures, divestiture involves selling off assets or businesses, forward integration involves expanding into the supply chain, and market penetration involves increasing market share through aggressive marketing and sales tactics.

Which Strategy Generally Entails Large Research and Development Expenditures