List and Explain the Four Management Functions

question 39

Essay

List and explain the four management functions.

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Definitions:

Treble Damages

A legal principle that allows a court to triple the amount of damages awarded to a plaintiff in order to punish the defendant for particularly harmful behavior.

Infringement

Unauthorized use or violation of someone else's rights or agreement.

Patent Act

Legislation governing the rights of inventors to protect their inventions through the grant of patents, detailing the process of obtaining and enforcing patent rights.

Design Patent

A legal protection granted to the ornamental design of a functional item for a period of 15 years in the United States.