Which of the Following Is an Advantage of Technology Trading

question 35

Multiple Choice

Which of the following is an advantage of technology trading?

• A) It reduces costly trial-and-error approaches to using new technologies.
• B) It enables a firm to gain control and ownership over desired technology.
• C) It is simple to implement and cost-effective.
• D) It allows a firm without internal development capabilities to acquire technology.
• E) The acquired technology is proprietary and provides competitive advantage.

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Definitions:

Enfranchised African Americans

African Americans who were granted the right to vote, especially referring to the period following the Civil War.

Political Power

The ability or capacity of a person or group to influence the actions, beliefs, or conduct of others within a political framework.

President Chester A. Arthur

The 21st President of the United States, serving from 1881 to 1885, known for his efforts in civil service reform and the Pendleton Civil Service Reform Act.

Tariff Rates

Taxes imposed on imported or sometimes exported goods, with the aim of protecting domestic industries, generating revenue, or regulating trade.