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Which of the following are true about engaging in internal development? (Check all that apply.) Multiple select question. Firms often develop new products or services

Which of the following are true about engaging in internal development? (Check all that apply.) Multiple select question. Firms often develop new products or services at relatively lower costs. Value is created by the company internally, thus it does not have to share the wealth with alliance partners. It is faster than other methods such as mergers and acquisitions. Difficulties with combining companies' value-chain activities and merging cultures are not an issue

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