Which of the Following Is a Disadvantage of Licensing as a Means

question 9

Multiple Choice

Which of the following is a disadvantage of licensing as a means of acquiring new technology?

• A) It involves high monitoring costs.
• B) The firm does not control or own the unique technology.
• C) It is less economical than internal development.
• D) It is the most time-consuming way to develop new technology.
• E) The firm will need to acquire internal development capabilities.

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Definitions:

Tiny Tots Day Care

A child care service specifically designed for the care and development of young children.

Infants

Very young children, typically under one year of age, who are at the earliest stage of human life.

Repeat An Action

The process of performing the same action or task again, often to practice or reinforce a skill or behavior.

Sensorimotor

Pertaining to the developmental stage in infants involving the coordination of senses and motor activities to explore and understand the environment.