Tarik's Business Uses Environmental Databases That Are Readily Available and Cost-Effective

question 85

Multiple Choice

Tarik's business uses environmental databases that are readily available and cost-effective, but his vice president of operations thinks they need to develop a database for a new project. What would you advise them to do to make it the simplest, easiest, and most effective way to have that needed database?

• A)Patent it.
• B)Purchase it.
• C)License it from others.
• D)Form a joint venture.
• E)Acquire the owner of the technology.

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Definitions:

New York Stock Exchange

A leading global securities exchange where stocks, bonds, and other financial instruments are bought and sold.

Embezzlement

The act of withholding assets for the purpose of theft by someone who has been entrusted with those assets, often involving money or property.

Corporate Executives

Senior officers within a corporation, such as CEOs or CFOs, who are responsible for managing the organization and making strategic decisions.

Business Crime

Illegal acts, such as fraud, bribery, insider trading, and embezzlement, committed by individuals or corporations to achieve a financial or professional advantage.