A Cosmetics Company Owns a Patent for Particular Kind of Shampoo

question 15

Multiple Choice

A cosmetics company owns a patent for particular kind of shampoo which is a bestseller in the market.It enables the firm to extract a high level of discretion over product pricing.The patent for the shampoo is an example of a firm's _____ resource.

• A) tangible
• B) human
• C) natural
• D) intangible

---

Definitions:

Negatively Correlated

Describes two variables that move in opposite directions; as one increases, the other tends to decrease.

Variance

A measure of the dispersion of a set of data points around their mean value, indicating how spread out the data points are.

Portfolio

A collection of investments held by an individual or an institution.

Expected Rate

A predicted rate of return or outcome based on certain assumptions or historical data.