A disadvantage of purchasing technology that already is available in products or processes is that
A) it is the most time-consuming way to acquire new technology.
B) it is the least cost-effective way to acquire new technology.
C) the purchase requires more staff than internal development.
D) the coordination and monitoring costs will be high.
E) the technology itself will not offer a competitive advantage.

Question

Quizplus · Accepted Answer

Purchasing technology that already exists in products or processes may not offer a competitive advantage because other companies may have similar technology or may be able to quickly adopt it, thus reducing any potential advantage.

A Disadvantage of Purchasing Technology That Already Is Available in Products