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Technology Unique to a Firm Is Proprietary Product Technology

question 62

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Technology unique to a firm is proprietary product technology.


Definitions:

Phobias

Persistent and irrational fears of specific objects, activities, or situations, leading to significant distress or impairment.

Drug Tolerance

A physiological state resulting from repeated use of a drug, characterized by a diminished effect of the drug at its original dose or the need for a higher dose to maintain effectiveness.

Premack Principle

A psychological principle stating that more probable behaviors will reinforce less probable behaviors, suggesting that if a person wants to perform a less desired activity, it can be motivated by the promise of a more desired activity.

Disequilibrium Principle

A concept in developmental psychology suggesting that cognitive growth occurs through processes of assimilation and accommodation, driven by experiences of imbalance or disequilibrium.

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