Intellectual Property

question 279

Multiple Choice

Intellectual property

• A) is protected by people's sense of decency rather than by written laws.
• B) belongs to everyone with the necessary human capital to use it.
• C) is often protected by copyrights and patents.
• D) is protected by common law rather than by written laws.

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Definitions:

Question Marks

Products in a business portfolio that have high growth potential but low market share, often requiring significant investment to grow.

Stars

In the context of the Boston Consulting Group (BCG) matrix, products or business units that have a high market share in a fast-growing industry and are considered to be potential market leaders.

High-Growth Markets

Markets characterized by significantly higher than average growth rates, often driven by new technologies or changing consumer behaviors.

High Share

A significant portion or percentage of the total available market controlled by a particular company or product.