When deciding on technology, the simplest, easiest, and most effective way to acquire it is to
A) develop it internally.
B) purchase it.
C) license it from others.
D) form a joint venture.
E) acquire the owner of the technology.

Question

Quizplus · Accepted Answer

Purchasing technology is usually the simplest and most effective way to acquire it. Developing technology internally can be time-consuming and expensive, licensing from others may not provide full control over the technology, forming a joint venture can be risky and acquiring the owner of the technology can be costly. Therefore, purchasing technology is often the best choice.

When Deciding on Technology, the Simplest, Easiest, and Most Effective