Vital Vision Corp. is looking for a simple and cost-effective way of acquiring a commercially available new technology for its present venture. Which of the following methods should the company first consider for the purpose?
A)licensing the technology
B)developing the technology internally
C)purchasing the technology
D)buying the technology owner
E)creating a research partnership

Question

Quizplus · Accepted Answer

Purchasing the technology from a commercially available source is likely the most simple and cost-effective option for Vital Vision Corp. compared to developing the technology internally, licensing the technology, buying the technology owner, or creating a research partnership.