Examlex
Milkovich and Bloom's strategic flexibility model includes the following compensation sets:
Patent Protect
The legal right granted to inventors that prevents others from making, using, selling, or distributing the patented invention without permission, typically for a limited period.
Time Period
A specific duration or interval of time, which may refer to seconds, hours, days, months, or even years, during which certain events or measurements are considered or observed.
IRS
Stands for Internal Revenue Service, the federal agency responsible for administering tax laws in the United States.
Tax Advantage
Financial benefits that apply to certain investments or accounts that are favored by tax policy.
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