What questions should managers ask when choosing technology?
What will be an ideal response?
Choosing among these alternatives is simpler if managers ask a few basic questions:
Is it important (and possible) in terms of competitive advantage that the technology remain proprietary?
Are the time, skills, and resources for internal development available?
Is the technology readily available outside the company?
You might also like to view...
International economists use the production possibilities frontier to help explain
a. a favorable trade balance. b. a trade surplus. c. levels of consumption. d. a nation’s gain from trade.
A ________ is a judgment of a court that permits a secured lender to recover other property or income from a defaulting debtor if the collateral is insufficient to repay the unpaid loan
A) deficiency judgment B) garnishment C) lien release D) foreclosure judgement
Which result is an effect that occurs when organizations fail to keep up with emerging innovations, putting themselves in danger of missing lucrative opportunities to capitalize on them?
What will be an ideal response?
A principal is bound by contracts that an agent enters into with authority. Discuss the various types of contractual authority an agent may have