Which statement is incorrect?

Question $42$ options:

This is in the brand portfolio decision screen that one takes the decision to maintain an existing brand, modify the brand characteristics with a new completed R&D project, launch or withdraw a brand.

An existing brand is modified by changing its current name and using the physical characteristics corresponding to a new completed project.

It takes one period to complete a R&D project if you run an on$-$line query and then allocate the budget required to guarantee its completion.

It takes at least two periods to complete a R&D project in the case of a feasibility study.