How Can a Firm Protect Its Proprietary Information in a Joint

question 81

Multiple Choice

How can a firm protect its proprietary information in a joint venture?

• A) Share only the technology that is central to the core competence of the firm.
• B) Hold majority ownership in the venture so that the firm has greater control over the technology.
• C) Share only the technology of the firm, not the patents and copyrighted information.
• D) Hold minority ownership in the venture so that the firm does not have to give over control of the technology.

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Definitions:

Decentration

The cognitive ability to consider multiple aspects of a situation simultaneously, rather than being focused on a single viewpoint.

Objectivity

Refers to the practice of being impartial, fair, and unbiased in judgment or analysis.

Preoperational

A stage in Jean Piaget's theory of cognitive development (ages 2 to 7) where children start to use language and think symbolically but lack the ability for abstract thinking.

Transform Information

The process of changing or converting data and information into a different format or structure for understanding or analysis.