Answer: Creates monopoly power
Explanation: A patent can be defined as an intangible asset the gives its holder the right that no other person in the world can use, sell or produce the unique good or service that has been patented by its inventor.
Thus, the right to produce or use a specific invention by a single person can lead to monopoly in that particular industry.
Hence from the above we can conclude that the right answer is option D.
Answer:
(A) acceptability
Explanation:
Medium of exchange, store of value and unit of account are all functions of money. Acceptability is only a characteristic of money.
I guess the correct answer is consultative
The local skydiving team is buying new parachutes. The team's coach has invited all team members to make recommendations, after which he will select the successful vendor. The skydiving team's buying center has a(n) consultative organizational culture.
Contact a moderator. They know what to do.
Answer:
Of the various business-level strategic alliances, <u>VERTICAL COMPLEMENTARY</u> alliances have the most probability of creating sustainable competitive advantage, and <u>COMPETITION REDUCING</u> have the lowest.
Explanation:
A vertical complementary alliance takes place between a manufacturer and a supplier that come together. This usually happens through a requirements contract where the supplier agrees to only sell its materials, components and parts to the manufacturer and the manufacturer agrees to only purchase the components, materials and parts needed from that specific supplier.
On the other hand, competition reducing alliances are generally horizontal alliances where companies agree to work together in order to reduce uncertainty, instead of focusing on gaining market share.
