The Question an Organization Asks Itself About Whether to Acquire

question 44

Multiple Choice

The question an organization asks itself about whether to acquire new technology from an outside source or develop it itself involves what type of decision?

• A) High risk.
• B) Licensing.
• C) Make-or-buy.
• D) Benchmark.
• E) Budgetary.

Understand the concept of strategic fit in supply chains and its importance for overall corporate strategy.

Recognize the relationship between all functional strategies within a company to achieve strategic fit.

Comprehend the impact of product life cycle and competitive landscape changes on supply chain strategy.

Grasp the implications of supply chain responsiveness to demand and supply uncertainties.

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Definitions:

Sampling Bias

A systematic error in a research study resulting from non-random sampling of participants, leading to unrepresentative sample data.

Experimenter Bias

A type of bias that occurs when a researcher's expectations or preferences about the outcome of a study influence the results obtained.

Socially Desirable Responding

The tendency of respondents to answer questions in a manner that will be viewed favorably by others, often leading to overreporting of "good" behavior and underreporting of "bad" behavior.

Intellectual Disability

A condition characterized by significant limitations in both intellectual functioning and in adaptive behavior, which covers a range of everyday social and practical skills.