LaserTech Is a Manufacturer of Industrial Lasers and Has Developed

question 97

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 is an example of

• A) financial resources.
• B) physical resources.
• C) human resources.
• D) organizational resources.

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Definitions:

Cerebellum

A part of the brain located at the back of the skull, crucial for motor control, coordination, precision, and accurate timing.

Medulla

The medulla is a section of the brainstem involved in autonomic functions such as heart rate, breathing, and blood pressure regulation.

Thalamus

A part of the brain that acts as a relay station, processing sensory and motor signals to and from the cerebral cortex.

Cerebrum

The largest part of the brain, responsible for higher brain functions, including sensory perception, reasoning, emotions, and motor skills.