Theodore Levitt Argues That ________

question 12

Multiple Choice

Theodore Levitt argues that ________.

• A)imitation is wrong and should be punished
• B)product imitation might be as profitable as product innovation
• C)innovation is not possible without substantial imitation
• D)innovation cannot begin unless dissatisfaction with imitation occurs
• E)imitation should be against the law because of the intellectual property decision involved

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Definitions:

Nuisance

An act, condition, or thing that is annoying, inconvenient, or causes damage to legal rights.

Injunction

An equitable remedy of the court that orders the person or persons named therein to refrain from doing certain acts.

Yearly Periodic Lease

A lease agreement that automatically renews each year unless terminated by either party.

Termination Clause

A provision within a contract that outlines the conditions under which the contract may be terminated before its natural end date.