Technology decision: buy, develop internally or hire an outside design firm
direction in which the firm should proceed. You are faced with three options:
License existing technology from another firm and apply it
to this product.
Develop internally all the technology needed for this
product that would allow the firm to license it to other industries.
Hire an outside design engineering firm to develop the
technology needed.
After making your decision, write a report covering the following
topics:
Describe your decision regarding the technology decision you
have chosen.
Explain the pros and cons of that decision and the logic you
used in reaching that decision.
Include one other possible option for this technology
decision.
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