Which of the Following Is an Advantage of Technology Trading

question 70

Multiple Choice

Which of the following is an advantage of technology trading?

• A) It helps a firm speed up its learning curve.
• B) It enables a firm to gain control and ownership over desired technology.
• C) It enables a firm to adopt the trial-and-error approach to using technologies.
• D) It helps a firm gain easy access to new technology as all industries willingly share information.
• E) It helps a firm gain competitive advantage in its industry.

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Definitions:

High-performance Work Systems

Organizational approaches that combine HR practices, work structures, and processes to enhance employee effectiveness and organizational performance.

Interpersonal Skills

The abilities to communicate, interact, and work well with other people, both individually and in groups.

Creativity

The ability to generate new ideas, solutions, or innovations that are original and valuable within a given context.

Employee Empowerment

A management practice of giving employees autonomy, authority, and the capability to make decisions regarding their work.