In most situations,the simplest,easiest and most cost-effective way to acquire new technology is to
A)buy it.
B)develop it internally.
C)license it from others.
D)develop a joint venture.
E)purchase the owner of the technology.

Question

Quizplus · Accepted Answer

Buying technology is usually the simplest and easiest way to acquire it. It allows the organization to quickly obtain the desired technology without investing significant time or resources in developing it internally or entering into complex partnerships. Additionally, purchasing technology from a third-party can help the organization avoid the complexities of maintaining intellectual property rights, which can be a major concern in joint ventures or licensing arrangements. Furthermore, the cost of purchasing technology can be competitive and reasonable depending on the technology being acquired.

In Most Situations,the Simplest,easiest and Most Cost-Effective Way to Acquire