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

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


Answer: B

Business

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A classic statement regarding project termination and closeout is, "The termination of a project is:

A) The start of the next project." B) A project." C) Never ending." D) An opportunity."

Business

For each of the following (1) identify the type of account as an asset, liability, equity, revenue, or expense, and (2) identify the normal balance of the account.Account TitleAccount TypeNormal Balance (Debit or Credit)a. Prepaid Insurance??b. Accounts Payable??c. Common Stock??d. Utilities Expense??e. Land??f. Services Revenue??g. Notes Receivable??h. Advertising Expense??i. Unearned Revenue??j. Service Revenue??

What will be an ideal response?

Business

Assuming the pure expectations theory is correct, which of the following statements is CORRECT?

A. If 2-year Treasury bond rates exceed 1-year rates, then the market must expect interest rates to rise. B. If both 2-year and 3-year Treasury rates are 7%, then 5-year rates must also be 7%. C. If 1-year rates are 6% and 2-year rates are 7%, then the market expects 1-year rates to be 6.5% in one year. D. Reinvestment rate risk is higher on long-term bonds, and interest rate (price) risk is higher on short-term bonds. E. Interest rate (price) risk and reinvestment rate risk are relevant to investors in corporate bonds, but these concepts do not apply to Treasury bonds.

Business

Strategic planning requires ________________ to facilitate the process of assessing opportunities or threats from competitors.

A. Internet surveys B. marketing analytics C. international marketing D. marketing research E. consumer data

Business