Three key functions for a firm that competes on the basis of its technology are
A) supply agreements, employee recruitment, and contracted services
B) research and development, joint ventures, and assembly
C) patents, technical publications, and employee recruitment
D) research and development, component supply, and service

Question

Quizplus · Accepted Answer

The three key functions for a firm that competes based on its technology include research and development (for innovation and improvement of technology), component supply (ensuring quality and timely materials or parts for their technology products), and service (providing customer support and maintenance for their technology products). These functions are crucial for maintaining a competitive edge in technology.

Three Key Functions for a Firm That Competes on the Basis