When a Firm Perceives Its Technological Advantage to Be Only

question 44

Multiple Choice

When a firm perceives its technological advantage to be only transitory,when it expects rapid imitation of its core technology by competitors,it might want to:

• A)revert to old technologies.
• B)engage in exporting on a large scale.
• C)license its technology as rapidly as possible to foreign firms.
• D)set-up a wholly owned subsidiary.

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Definitions:

Evolution

The process through which species undergo changes over time due to factors like genetic variations, natural selection, and gene flow, leading to the emergence of new species.

Biology

The scientific study of life and living organisms, focusing on their structure, function, growth, evolution, and distribution.

Vaccination

The process of administering a vaccine to stimulate the body's immune system to protect against specific diseases.

Pathogenicity

The ability of a microorganism (such as a bacterium, virus, or fungus) to cause disease in a host organism.