ABC Corporation Developed a New Form of Technology for Which

question 85

Multiple Choice

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

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Definitions:

Psychotherapy

Treatment involving psychological techniques; consists of interactions between a trained therapist and someone seeking to overcome psychological difficulties or achieve personal growth.

Psychiatrist

A medical doctor specialized in the diagnosis, treatment, and prevention of mental illnesses and disorders.

Social Psychologist

A specialist in understanding how individual behavior and thought are influenced by social environments and interactions.

Developmental Psychologist

A professional who studies the psychological growth of individuals, from infancy through adulthood, focusing on developmental stages and processes.