Asked by Alexandre Al Mokhtari on May 28, 2024
Verified
Proprietary technology is knowledge that is known
A) but no longer used much.
B) but only recently discovered.
C) mostly by only those in a certain profession.
D) only by the company that discovered it.
Proprietary Technology
Exclusive technology owned by a company, protected by patents or trade secrets, providing a competitive advantage over rivals in the market.
- Examine how human capital, productivity, and technological growth influence economic prosperity.
Verified Answer
OH
Olivia HowingtonMay 28, 2024
Final Answer :
D
Explanation :
Proprietary technology refers to innovations, systems, or information that are owned by a company and protected from public or competitor use, ensuring that only the company that developed or discovered it has access to and control over its use.
Learning Objectives
- Examine how human capital, productivity, and technological growth influence economic prosperity.