What are the pros and cons of R&D leadership versus R&D followership as a functional strategy?

What will be an ideal response?

This question deals with first versus late movers. The R&D leader strategy is a functional strategy which is necessary for a company to be a first mover in an industry. R&D can help a company to pioneer an innovation and reap the first mover advantages. The leader strategy is normally expensive. In contrast, the follower R&D strategy can be fairly cheap in comparison. This functional strategy is appropriate for those firms choosing to reap the benefits of late movers.

Business

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Ella's portfolio has a beta of 1.34 and a standard deviation of 16.4%. The portfolio has a total return of 14.8%. The market risk premium is 8.5%, while the return on the market portfolio was 12.0%

What is the value of Sharpe's measure for Ella's portfolio? A) 0.21 B) 0.38 C) 0.69 D) 0.90

Business

All firms have a strategy, even if it is informal, unstructured, and sporadic

Indicate whether the statement is true or false

Business