ABC 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) complex
B) simple
C) substitutable
D) inimitable
E) hypothetical

Question

Quizplus · Accepted Answer

The fact that the technology is patented implies that it is inimitable, meaning that it cannot be easily replicated or duplicated by competitors, making it a valuable and rare resource for ABC Corporation.

ABC Corporation Developed a New Form of Technology for Which