LaserTech Is a Manufacturer of Industrial Lasers and Has Developed

question 47

Multiple Choice

LaserTech is a manufacturer of industrial lasers and has developed a new, patented technology that allows its customers to manufacture their products more precisely with a higher level of consistency and at a lower cost than they could previously. LaserTech's executives believe that no rivals have a similar technology and that it would be very difficult for rivals to copy this technology since the benefits of the new technology can only be realized within LaserTech's system, which includes processes that are protected by trade secrets, making it difficult for rivals to understand the relationship between the company's new technology and its competitive advantage.
-LaserTech's new technology appears to be

• A) valuable and rare but not costly to imitate.
• B) valuable and either rare or costly to imitate.
• C) valuable but neither rare nor costly to imitate.
• D) valuable, rare and costly to imitate.

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Definitions:

Muscle Fitness

A state of health and physical well-being in muscles characterized by strength, endurance, and flexibility.

Health Problems

Various medical conditions or diseases that can negatively affect an individual's physical or mental well-being.

Dynamic Training

A form of exercise that involves movement-based activities to improve strength, speed, and functional ability through a range of motion.

Isotonic Training

A type of strength training where the muscle length and joint angle change throughout each exercise, typically involving lifting weights.