Gateway Corporation developed a new form of technology for which they hold a patent. This technology allowed them to significantly reduce the cost of production on their major product line. This resource is
A) simple.
B) complex.
C) inimitable.
D) hypothetical.
E) substitutable.

Question

Quizplus · Accepted Answer

This resource is inimitable because it is unique to Gateway Corporation due to the patent they hold, making it difficult for competitors to imitate or replicate the technology. This uniqueness and protection from competition are what make it inimitable.

Gateway Corporation Developed a New Form of Technology for Which