Dot Company is a technological Company that specializes in manufacturing computer software for music. Recently, Dot Company's D-Tunes music program has become outdated as target customers have switched from downloading mp3s to a new type of file, mp6s. Dot Company is concerned about having the necessary funding and talent to create a new program for the mp6 songs. What should they do?
A)Hire permanent employees to create the new program.
B)Train the current employees on how to create such a program.
C)Buy the program from another company.
D)Hire independent contractors to create the program.

Question

Quizplus · Accepted Answer

Hiring independent contractors to create the program would be the best choice for Dot Company. This option allows Dot Company to avoid the costs associated with hiring and training permanent employees. Moreover, independent contractors already have the necessary skills and experience to create the new program, which would save time and money. Additionally, purchasing the program from another company may not be feasible due to the fact that mp6s is a new and emerging technology, and thus, there may not be other companies offering such a program. Training current employees on how to create the new program may also be an option, but this takes time and resources that the company may not have.

Dot Company Is a Technological Company That Specializes in Manufacturing