When Deciding on Technology, the Simplest, Easiest, and Most Effective

question 97

Multiple Choice

When deciding on technology, the simplest, easiest, and most effective way to acquire it is to

• A) develop it internally.
• B) purchase it.
• C) license it from others.
• D) form a joint venture.
• E) acquire the owner of the technology.

---

Definitions:

Valuation

The process of determining the present value of an asset or a company based on earnings, market value, or other methods.

Tangible Assets

Physical assets that have value and exist in a physical form, such as machinery, buildings, and inventory.

Family Business

A commercial organization in which decision-making is influenced by multiple generations of a family who are often tied by blood or marriage.

Stringent Criteria

Strict or precise conditions that must be met or complied with.