Synapz, a manufacturer of office automation products, recently received a patent for an advanced therapeutic ergonomics technology.By doing this, Synapz has ________.
A)created an entry barrier
B)introduced product differentiation
C)locked in its suppliers
D)reduced the cost of operations

Question

Quizplus · Accepted Answer

By receiving a patent for an advanced therapeutic ergonomics technology, Synapz has created an entry barrier for its competitors. This patent will prevent other companies from using the same technology, giving Synapz a competitive advantage in the market.

Synapz, a Manufacturer of Office Automation Products, Recently Received a Patent