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Which of the Following Is an Advantage of Internal Development

Question 55

Multiple Choice

Which of the following is an advantage of internal development as a means of acquiring new technology?


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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