A Disadvantage of Licensing as a Means of Acquiring New

question 36

Multiple Choice

A disadvantage of licensing as a means of acquiring new technology is that

• A) it involves high monitoring costs.
• B) the firm does not control or own the unique technology.
• C) it is less economical than internal development.
• D) it is the most time-consuming way to develop new technology.
• E) the firm will need to acquire internal development capabilities.

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Definitions:

Popliteal Region

The area located at the back of the knee joint.

Knee

The knee is a complex hinge joint connecting the thigh with the lower leg, encompassing bones, ligaments, tendons, and cartilage for movement and stability.

Abdominopelvic Cavity

A body cavity that consists of the abdominal cavity (holding the stomach, liver, and other organs) and the pelvic cavity (holding the reproductive organs, bladder, and rectum).

Parietal Peritoneum

is the part of the peritoneum that lines the abdominal wall, as opposed to the visceral peritoneum that covers abdominal organs.