All categories

3 years ago

Protecting intellectual property rights is important to a free enterprise system because:

Business

1 answer:

ra1l [238]3 years ago

5 0

Answer:

B. it allows entrepreneurs to profit from their ideas.

Explanation:

Intellectual properties are valuable ideas, innovations, and creations to a business. They are intangible assets that give a business its competitive advantage. Protecting intellectual properties ensure an individual or entity reaps the full benefits of the inventions and creations.

Protecting intellectual properties safeguards a company's ideas from being exploited by its competitors for commercial gains. It gives a business the right to exclusively profits from its innovations. Protecting intellectual properties encourages research and development as entrepreneurs are guaranteed to benefit from their creations.

You might be interested in

How can insurance protect you from financial loss?

RUDIKE [14]

Answer:

Answer:Insurance policies offer protection against economic loss, that is, loss or damage which can be measured in purely financial terms and compensated by money. When you buy homeowners property insurance.

Explanation:

When you buy homeowners property insurance, for example, you are insuring only the economic value of the home, i.e., the cost to repair or rebuild it.

6 0

3 years ago

Operations management is the set of activities that creates value in the form of goods and services by transforming true or fals

Basile [38]

Operations management is the set of activities that creates value in the form of goods and services by transforming inputs into outputs. - True.

Operations management (OM) is the administration of enterprise practices to create the very best level of efficiency viable inside an business enterprise. it's far concerned with converting materials and exertions into items and offerings as effectively as viable to maximize the income of an business enterprise.

What are the three kinds of operations management?

Operations management consists of three ranges: strategic, tactical, and operational

What are the key factors of Operations management?

The important thing elements of Operations management are; Product choice and layout: The proper sort of products and accurate designs of the goods are crucial for the achievement of an agency. A wrong choice of the product and/or negative design of the products can render the employer's operation useless and non-competitive.

What do you examine in operations management?

Blanketed in operations management is the whole thing involved in turning raw materials into deliverable service or product. this may include designing manufacturing structures, employee schooling, centers planning, deliver chain control, stock control, product layout, best control and much more.

Learn more about Operations management here:- brainly.com/question/1382997

#SPJ4

8 0

2 years ago

Which company developed the first commercially successful computer?

uysha [10]

IBM developed the first commercially successful computer

6 0

4 years ago

Read 2 more answers

Royal Technology Company uses a job order cost system. The following data summarize the operations related to production for Mar

torisob [31]

Answer:

To Determine

Job order costing

Job order cost system provides a separate record of each particular quantity of product that passes through the factory. Each quantity that is manufactured in the business is known as job. Job order costing is used when the product produced are significantly different from each other.

To record: the journal entry to record all the summarized operations.

View image for journalized entry.

5 0

4 years ago

Discuss business rules. How do you translate business rules into data-model and database? Provide few examples.

Andreyy89

Answer:

by our computers we can do to

6 0

4 years ago