What are the merits and demerits of protecting an invention through a patent instead of trade secret law?
What will be an ideal response?
A common dilemma facing an inventor is whether to protect an invention through patent or trade secret law. If the inventor successfully patents and defends the patent, the patent holder has a guarantee of an exclusive monopoly on the use of the invention for 20 years, a substantial period of time. The problem is that, once this period is over, the patented good goes into the public domain and everyone has access to it. There is also the risk that the patent may be successfully challenged and the protection lost prematurely. Trade secret law, in contrast, could protect the invention in perpetuity. The problem is that once someone discovers the secret lawfully, the protection is lost.
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Hillary has just taken a course in Organizational Behavior for her MBA and wants to apply what she has learned about motivating employees at work. Hillary wants to develop the best type of motivation for her employees, which is ______.
A. instinctive B. intrinsic C. prosocial D. power
Trends in inflation, exchange rates, and interest rates are part of ______________.
What will be an ideal response?
________ is concerned with how leaders influence followers' perceptions of their work aims and the courses they follow toward attaining that end.
A. Fiedler's contingency model B. The task performance behaviors approach C. The path-goal theory D. The group maintenance behaviors approach E. The Vroom model
Pain-Free Inc. is a business dealing in pain reduction medication. It has a required return on its assets of 18%
It can borrow in the debt market at 10%. If there are no taxes and M&M's proposition II holds, what is the cost of equity if there is 50% equity financing and 50% debt financing? A) 18% B) 26% C) 28% D) None of these