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Mariulka [41]
3 years ago
15

A company that recently lost patent protection for a product may see an increased threat from which​ forces? g

Business
1 answer:
Ray Of Light [21]3 years ago
8 0

Answer:

  • Threat of Substitutes
  • Threat of New entrants/ Competitors

Explanation:

This question relates to Porter's five forces.

A patent on a good protects that good from being able to be copied or produced by other companies.

Should a company lose this protection, companies will be allowed to make substitutes to the products without running afoul of the law. The company will therefore face an increased threat from Substitutes.

Other companies will also be able to produce the goods or offer the services now which would mean that new entrants/ competitors can come into the market for that good or service.

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What is the most accepted time frame associated with the MOV SEP code?
shusha [124]

The inference is that the most accepted time frame associated with the MOV SEP code is 60 days or 2 months.

<h3>What is an inference?</h3>

An inference is the conclusion that can be deduced based on an information.

In this case, the inference is that the most accepted time frame associated with the MOV SEP code is 60 days or 2 months. This is the period when you can sign for health insurance.

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3 0
2 years ago
Which feature is a characteristic of a corporation?
tester [92]

Answer:

A corporation has the ability to enter into contracts, incur liabilities, and buy, sell, or own assets in its corporate name. These provisions can be found in the charter or articles of incorporation. Ownership of a corporation is divided into shares of stock.

5 0
3 years ago
Your aunt is thinking about opening a hardware store. She estimates that it would cost $500,000 per year to rent the location an
marishachu [46]

Answer:

opportunity cost is define as given below

Explanation:

  • Opportunity cost can be defined as sacrifice for the individual, company or government. The opportunity cost of obtaining products or services is a forgiving option. For a person who aims to maximize his benefit from his limited available resources, he must allocate these limited resources to those who are most important. Opportunity Costing helps a person make good use of their scarce resources. .
  • Opportunity cost is also important for a company because the company has to allocate its limited available raw materials to produce a certain product with high demand at the expense of other products that are less demanding.
5 0
3 years ago
Drug companies are allowed to be monopolists in the drugs they discover in order to A. increase the overall welfare of society t
Daniel [21]

Answer:

C. Encourage research

Explanation:

If a drug company discovers a new drug , it can apply for availing a patent for the same which shall grant it exclusive right to produce and sell the drug in the market for several years.

In such cases, the government tests such drugs if those are genuine before approving such a patent which creates the situation of a monopoly whereby the pharmaceutical company becomes the single seller of such drugs.

The purpose behind creation of such sort of monopolies being, this serves as an incentive or the encouragement for such pharmaceutical companies to carry out extensive research and thereby discover new drugs whose discovery would ultimately lead to common welfare.  

5 0
3 years ago
Which of the following businesses describes a branch?
Sergio [31]
I believe that it’s C
ANSWER =C
4 0
3 years ago
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