An advantage of purchasing technology already available in products or processes is that
A) it is simple to implement and cost-effective.
B) the technology is proprietary and provides competitive advantage.
C) it speeds up the purchasing firm's learning curve.
D) it helps improve the purchasing firm's internal development capabilities.
E) the purchasing firm gains control and ownership over the desired technology.

Question

Quizplus · Accepted Answer

Purchasing technology that is already available in products or processes is usually simple to implement and cost-effective because it does not require extensive research and development. This allows the purchasing firm to quickly adopt the technology and reap the benefits without investing significant resources.

An Advantage of Purchasing Technology Already Available in Products or Processes