Why should a high-tech firm avoid selecting licensing as a mode of entry?

A. Threat of creating efficient partners

B. Risk of losing control over technology

C. Fear of rapid imitation of core technology

D. Lack of a transitory technological advantage

E. Inability to deter development costs

B

Business

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The Federal Truth-in-Lending Act (TILA) defines the annual percentage rate (APR) as:

a. the total of only the direct costs of credit paid by a borrower. b. the total of all costs which the borrower needs to pay in order to get the loan. c. the relative cost of credit expressed in percentage terms. d. the difference between the 10-year Treasury Note and the 3-month Treasury Bill.

Business

LaserTech's new technology is an example of

A) financial resources. B) physical resources. C) human resources. D) organizational resources.

Business