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Author Question: The approach that a firm takes in obtaining and using technology to achieve a new competitive ... (Read 27 times)

Zoey63294

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on: Jul 6, 2018
The approach that a firm takes in obtaining and using technology to achieve a new competitive advantage is the best definition of:
 
  a. technology innovation
  b. technology strategy
  c. economy of scale
  d. invention

Question 2

How would you execute due diligence? What areas could you do yourself? In what areas would you need help, and who would you recruit to assist you?
 
  What will be an ideal response?
Entrepreneurship and Small Business Management ¦ Mariotti, Glackin ¦ 2nd Edition
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karlss

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Reply #1 on: Jul 6, 2018
Answer to Question 1

b

Answer to Question 2

Due diligence is the exercise of reasonable care in the evaluation of a business opportunity. It requires the buyer to acquire a broad range of information about the business. A lot of this information can be done fairly easily using the Internet  press coverage, legal issues, etc. Others  such as stakeholder information  may necessitate seeking outside help.


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