One advantage of developing technology within one's own company is the
A) optimal utilization of the company's resources.
B) cost effectiveness due to material innovations.
C) proprietary nature of the technology within the organization.
D) reduced requirement to hire additional staff.
E) ability to take plenty of time to develop a product right.
C) proprietary nature of the technology within the organization.
Developing a new technology within the company has the potential advantage of keeping the technology proprietary, meaning exclusive to the organization. The disadvantage of internal development is that it usually requires additional staff and funding for an extended period.
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