A Right to a Written or Created Work Is Referred

question 4

Multiple Choice

A right to a written or created work is referred to as .

• A) trade mark
• B) trade secret
• C) patent
• D) copyright

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Definitions:

Technologically Progressive

Describes a society or company advancing through the adoption or development of new technologies, leading to increased efficiency and innovation.

Creative Destruction

A concept in economic theory that refers to the process by which new innovation leads to the demise of existing structures and creates new opportunities.

Dominant Firms

Firms that have a major share of the market sales in a particular industry, giving them the power to influence the market's total output and price levels.

New Products

Items that have been recently introduced to the market, offering innovative solutions or improvements over existing products.