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Business, 27.02.2020 06:00 jordynnmarelich9519

MiamiLaser is a manufacturer of industrial lasers and has a new, 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. MIamiLaser'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 MiamiLaser's system, which includes processes that are protected by trade secrets, making it difficult for rivals to understand how the company's new technology has the effect of generating competitive advantage. This dffficulty rivals face to match or capture MiamiLaser's competitive advantage is an illustration of .

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