Scenario C

question 28

Multiple Choice

Scenario C.The production manager at RJ Fabrics Inc. ,a clothing manufacturing company,has proposed replacing some of the equipment on its production line with newer technology.The chief executive officer (CEO) insists on comparing the company's current technology with that being used by other organizations to decide what new technology should be considered.However,the chief technology officer (CTO) thinks that the company should look ahead and consider a new technology that is under development.He also raises the issue of whether the company should go to an outside firm or try to develop the technology itself.
-The CTO of RJ Fabrics Inc.is concentrating on what can be done in the future and on the new technologies being developed.This is known as

• A)licensing.
• B)benchmarking.
• C)scanning.
• D)contract development.
• E)technology trading.

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Definitions:

Borderless Basis

Describes an approach or system that operates without the limitations or barriers imposed by geographic or political boundaries.

Conflict Minerals

Minerals sourced in areas of armed conflict, particularly the Democratic Republic of Congo and surrounding region, whose sale finances armed groups that perpetuate violence.

Armed Violence

The use of weapons to inflict harm or coercion, often associated with conflicts or criminal activity.

Culture

The shared beliefs, values, norms, and practices that shape the behavior of people within a group, community, or society.