Vital Vision Corp

question 96

Multiple Choice

Vital Vision Corp. is looking for a simple and cost-effective way of acquiring a commercially available new technology for its present venture. Which of the following methods should the company first consider for the purpose?

• A)licensing the technology
• B)developing the technology internally
• C)purchasing the technology
• D)buying the technology owner
• E)creating a research partnership

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Definitions:

Analysis ToolPak

An add-in for Microsoft Excel that provides data analysis tools for statistical and engineering analysis.

Excel Add-in

A supplementary program that adds extra features or functionality to Microsoft Excel.

Statistical Analysis

The process of collecting, reviewing, and interpreting data to discover patterns and relationships.

EmployeeID

A unique identifier assigned to employees within an organization for tracking purposes.