A "Proprietary Technical Standard" Implies That

question 53

Multiple Choice

A "proprietary technical standard" implies that:

• A)The standard is owned by the community, as a "public good"
• B)One firm owns this standard, generally embodied in patents or copyrights
• C)No one owns the standard
• D)The technical standard is specific to the industry.

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Definitions:

Division of Labor

Division of labor is the allocation of different tasks to different people or groups in an effort to improve efficiency and productivity.

Hierarchy of Authority

A system within organizations where power and responsibilities are graded from the top (most authority) to the bottom (least authority).

Centralization

The process or practice of concentrating authority and decision-making in a central location or group within an organization.

Shared Decision-making

A collaborative approach where all members contribute to the decision process.