One advantage of developing technology within one's own company is the
A)optimal utilization of the company's resources.
B)cost effectiveness due to material innovations.
C)proprietary nature of the technology within the organization.
D)reduced requirement to hire additional staff.
E)ability to take plenty of time to develop a product right.

Question

Quizplus · Accepted Answer

Developing technology within one's own company allows for the technology to remain proprietary within the organization, providing a competitive advantage. Other choices such as optimal utilization of company resources, cost effectiveness, and reduced need for hiring additional staff may also be true, but they are not necessarily exclusive to developing technology within one's own company. Option E, the ability to take plenty of time to develop a product right, is not necessarily an advantage as it may lead to missed opportunities in the market.

One Advantage of Developing Technology Within One's Own Company Is