Firms may pursue internal product development rather than acquisitions,because internal product development provides a quicker way to enter a market,is less costly,and is less risky.

Question

Quizplus · Accepted Answer

Internal product development is often slower, more costly, and riskier compared to acquisitions, which allow firms to quickly gain market entry, existing customer bases, and established products.

Firms May Pursue Internal Product Development Rather Than Acquisitions,because Internal