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An Advantage of Internal Development as a Means of Acquiring

Question 16

Multiple Choice

An advantage of internal development as a means of acquiring new technology is that


A) it is simple to implement and cost-effective.
B) the costs associated with new technology development can be shared by two or more firms.
C) it permits firms to access unique technology for a minimal fee.
D) the technology is proprietary and it provides a competitive edge.
E) it does not require firms to maintain a large staff.

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