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There Are Several Ways to Source Technology Including Internal Development,contracted

question 36

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There are several ways to source technology including internal development,contracted development,and licensing.


Definitions:

Management Exception

A policy or practice where managers intervene or take action based on significant deviations from expected results or predefined standards.

Actual Performance

The real, observed output, result, or productivity as opposed to planned or expected performance.

Opportunity Situation

Refers to a set of circumstances that presents a chance for an individual or organization to achieve a specific goal or benefit.

Management By Exception

A management strategy where managers intervene only when performance deviates significantly from set standards.

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