In the scenario regarding GoPro cameras, which option should the acquisition team choose?

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Leasing the cameras is a strategic choice for the acquisition team in this scenario. This option allows the organization to access the latest technology without the upfront costs of purchasing, which can be significant. Leasing also provides flexibility, enabling the organization to upgrade to newer models when they become available without being tied to an outdated asset.

This approach can be particularly advantageous if the need for the cameras is temporary or if they will be used for specific projects that may require different specifications in the future. Through leasing, the team can manage their budgets more effectively, especially if cash flow is a concern.

Additionally, leasing arrangements often include maintenance and support, which could reduce operational burdens for the team. This can be crucial for ensuring that the cameras are always in optimal working condition without additional investments in maintenance or repairs.

In contrast, purchasing the cameras outright may not provide the same level of flexibility or financial prudence, especially if the technology is rapidly advancing or if the organization's needs evolve. Waiting for a new model or acquiring the cameras later could result in missed opportunities for immediate use, which may not align with current operational needs. Thus, leasing offers a balanced solution that maximizes benefits and minimizes risks.

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