Resources That Generate a Temporary Competitive Advantage Are

question 76

Multiple Choice

Resources that generate a temporary competitive advantage are

• A) valuable, rare and costly to imitate.
• B) valuable but neither rare nor costly to imitate.
• C) valuable and either rare or costly to imitate.
• D) valuable and rare but not costly to imitate.

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Definitions:

Patent Law

The area of law that deals with the protection of inventions and the procedure for obtaining patents.

Inventions

Inventions are unique or novel devices, methods, compositions, or processes developed from original ideas.

Copyright Protection

Legal rights granted to creators for their original works, preventing unauthorized use or distribution for a certain period.

Patent Rights

Exclusive legal rights granted to an inventor or assignee to make, use, sell, and distribute an invention for a certain number of years.