Proprietary Technology Often Is More Important as a Barrier to Entry

question 79

True/False

Proprietary technology often is more important as a barrier to entry than is managerial know-how.

---

Definitions:

Investment

Allocating financial resources with the goal of achieving returns or profits.

Compounded Monthly

The process where the interest earned on an investment is calculated monthly and added to the principal sum, resulting in interest on interest.

Deposits

Money placed into a bank account or with a financial institution for safekeeping or to earn interest.

Investment

The distribution of financial resources in anticipation of earning revenue or gains.