<span>B. paid cash for purchases
that right</span>
Answer: c. Pug Tech will protect its intellectual property with patents and trade secrets.
Explanation:
A closed innovation model means that the company develops the product internally instead of through collaboration with external sources.
Pug Tech will therefore produce new products internally. As a result, they will be able to protect these products from being copied by others through patents and trade secrets because the law will recognize that they have exclusive rights to the new technology seeing as they came up with it.
Answer:
(b) The candidate will be involved in setting up an independent division with responsibility for robotic equipment production and marketing.
Explanation:
- As an area of global marketing deals with the setting up of strategies for the development of marketing plans for the company. By adjusting the strategies that are well suited to other countries form a global point of view.
- Hence the candidates that come from the different locations will be more interested in setting up divisions that look after the promotion and distribution of products, people and processes to deliver good results.
- As it lowers market casts, it has the ability to leverage ideas more easily and quickly and helps the company create an international customer base.
These questions are for your opinion.
Answer:
Legal Component (Environment)
Explanation:
Business Environment
The environment of an organisation refers to several internal and external factors or components that affect the smooth running of a business. Most times a company's internal environment like its management, suppliers, employees among others can be significantly influenced by the business.
However, the external environment exert so much influence on the organisation whereas, the organisation is limited in the influence it can exert back on the external environment.
The Economic, political, social, legal and technological environments are the <u>external components that affect the business</u>.
Looking at the question, while the business had the influence on its employee by deciding to terminate 200 factory employees, the legal external component could not be influenced. The company had to pay a fine therefore for wrongful termination of those jobs.
The legal environment is made up of legislations and laws governing the way businesses carry out their transactions and where they over step the boundary of the law, they feel the effect of their wrongdoing.