"Dennis, we have the organization, the manpower, and the marketing to deliver the technology to our customers; however, we don't own the patent upon which the technology will be based," argued Austin. "TriGroup, the patent owner, is too small to commercialize any technologies. Significant effort will be required to convert the patent into a viable technology. Buying the patent or TriGroup would be too expensive. I recommend that, instead, we form a ________ to jointly develop the technology."
A. franchise
B. purchase agreement
C. research partnership
D. coalition
E. co-optation
Answer: C
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What specific internal control procedure would prevent a customer from being billed for all 50 items ordered although only 40 items were shipped?
The detailed work of producing an operational plan is primarily done by the ______.
A. staff B. volunteers. C. board members D. the chief executive officer
An R square of 1.0 indicates:
a. the standard error in the data is equal to 1%. b. a perfect correlation between the independent and dependent variables. c. that the independent variables are insignificant. d. that the slope of the cost equation will be 1.
All of the following are examples of trade secrets except:
a. a patent b. a product formula c. a product design d. manufacturing processes e. advertising plans