A disadvantage of licensing as a means of acquiring new technology is that
A. it is the most time-consuming way to develop new technology.
B. it is less economical than internal development.
C. it involves high monitoring costs.
D. the firm does not control or own the unique technology.
E. the firm will need to acquire internal development capabilities.
Answer: D
You might also like to view...
Statutes that require proof of character and skill and impose a penalty for violation are considered:
A. revenue raising. B. usury. C. wagering. D. regulatory.
The jobs in the Acme Global Corporation are very standardized. Each job has a clear job description, and there are many policies, procedures, and rules for employees to follow. This creation of a routine way of doing jobs suggests that Acme Global has a high degree of _________ in its structure.
A. centralization B. spatial differentiation C. formalization D. horizontal differentiation E. None of the above
A restaurant's value chain includes:
A. upstream contributors. B. supplier development. C. management of inventory. D. downstream contributors. E. all of the answers.
The breakeven point in dollars can be computed by dividing the contribution margin into the variable operating costs
Indicate whether the statement is true or false