Economics 1. Which is the definition of a value proposition? (Select one) Group of answer choices a. A bundle of products and services that create value for a specific customer segment that answer why customers will buy from you vs. competitive alternatives. b. A list of product features that differentiate your product offering from other products on the market. 2. Which of the following is true about corporate entrepreneurship? (Select one) Group of answer choices a. A process used to develop new businesses, products, services or processes inside of an existing organization b. A strategy to develop new technologies internally in order to avoid acquiring them externally 3. Which of the following mechanisms can be used as part of a firm's corporate entrepreneurship strategy (Select all that apply): Group of answer choices a. Internal R&D b. Strategic Alliances c. Licensing d. Acquisitions 4. Patents provide the right to: (Select one) Group of answer choices a. Exclude others from practicing the invenon. b. Profit from the invention. 5. Technology licensing is not recommended for firms that need to gain prompt access to new technologies. (True/ False) Group of answer choices True False