An advantage of purchasing technology already available in products or processes is that

A. the technology is proprietary and provides competitive advantage.
B. the purchasing firm gains control and ownership over the desired technology.
C. it speeds up the purchasing firm's learning curve.
D. it is simple to implement and cost-effective.
E. it helps improve the purchasing firm's internal development capabilities.


Answer: D

Business

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A. Herzberg's hygiene factors. B. Maslow's esteem needs. C. extrinsic rewards. D. Alderfer's relatedness needs. E. Maslow's self-actualization needs.

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Lewis Company purchased a machine for $60,000. The machine has an estimated life of 20,000 hours and no salvage value. The entry to record the depreciation charge under the production method assuming that the machine was used for 4,000 hours is:

A) Depreciation Expense-Machinery 12,000 Accumulated Depreciation-Machinery 12,000 B) Depreciation Expense-Machinery 12,000 Machinery 12,000 C) Machinery 40,000 Accumulated Depreciation-Machinery 40,000 D) Machinery 60,000 Cash 60,000

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When an organization introduces a new product, people do not all begin the adoption process at the same time, nor do they move through the process at the same speed.

Answer the following statement true (T) or false (F)

Business

Communication that occurs between a number of people in a meeting or a brainstorming session is termed ____________.

a. Small group communication b. Self-communication c. Dyadic communication d. Organizational communication

Business