If a Firm Possesses Proprietary Product Technology, the Best Option

question 27

Multiple Choice

If a firm possesses proprietary product technology, the best option for that firm would be to

• A) manufacture the product in-house so that it does not lose its competitive advantage.
• B) outsource the production activities to independent suppliers in order to realize economies of scale.
• C) merge with competitors to reduce investments on technology.
• D) share the technology to make the industry more competitive.
• E) transfer the technology to less developed countries.

---

Definitions:

Short-lived Isotopes

Radioactive isotopes that decay rapidly, often used in medical imaging and studies of geological and planetary processes.

Long-lived Isotopes

Isotopes that have a long half-life, persisting in the environment for extended periods, often used in dating or tracing studies.

Emergence of Land Plants

The period in Earth's history when plants first developed and colonized land, around 500 million years ago during the Ordovician period.

Wattieza

An extinct genus of trees from the Middle Devonian period, recognized as one of the earliest known trees and an important part of Earth's prehistoric forests.