Which of the following is a disadvantage of acquiring new technology through internal development?
A) It makes a firm dependent on other firms.
B) The developed technology will not provide a competitive advantage.
C) The developed technology will not be exclusive to the firm.
D) It can result in high coordination costs.
E) It requires additional staff and funding for long periods.

Question

Quizplus · Accepted Answer

Acquiring new technology through internal development requires additional staff and funding for long periods. This can be a disadvantage because it can put a strain on the company's resources and may not guarantee success. Additionally, external development may allow for access to specialized expertise and resources that the company may not have in-house.

Which of the Following Is a Disadvantage of Acquiring New