A Firm That Has a Patent for Manufacturing a Particular

question 19

Multiple Choice

A firm that has a patent for manufacturing a particular brand-name drug will have monopoly rights to use that brand name abroad to produce goods profitably.This is an example of a(n) _____ advantage.

• A) ownership,or firm specific
• B) locational,or country-specific
• C) internalization
• D) externalized
• E) environmental

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Definitions:

Self-Determination

The ability or process of making one's own decisions without influence from outside forces.

Meaning

The significance or understanding that is attached to something, such as a word, sign, symbol, or gesture, in communication.

Natural Work Units

Organizational divisions or groupings that reflect a logical segmentation of work based on process, function, or customer, facilitating team coherence and effectiveness.

Task Identity

The degree to which a job involves completing a whole, identifiable piece of work from start to finish with a visible outcome.