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3 years ago

1. Intellectual Property Piracy from the standpoint of a manager for Starbucks in China?

Business

1 answer:

siniylev [52]3 years ago

8 0

Answer / Explanation:

First let us define Intellectual Property Piracy: This can be defined as as or described as the unauthorized duplication, cloning or illegal distribution of copyright or patented material.

From the standpoint of a manager at Starbucks in china, intellectual property piracy is at his liberty in the sense that, although it is accepted that the enactment of the law protecting property right has been activated, it is not totally enforced in china. The intellectual property piracy was established by government legislation, administrative regulations, and decrees in the areas of trademark, copyright, and patent. This has led to the creation of a comprehensive legal framework to protect both local and foreign intellectual property. However, despite this copyright laws, violations are common in china. So relating back to the question, to the china manager of Starbucks, Intellectual Property Piracy is a norm that can not be challenged.

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Customers whose demand has a higher degree of price elasticity will pay less.

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2 years ago

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