An Embryonic Industry Is One That

question 59

Multiple Choice

An embryonic industry is one that:

• A) includes a number of small and medium sized companies.
• B) is just beginning to develop and customer demand is initially limited.
• C) has sufficiently developed so that early industry leaders have already been identified.
• D) has initial government backing because of its importance to the general populace.
• E) is characterized by intense rivalry among established companies.

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Definitions:

Injurious Falsehood

Defamation with respect to another’s product or business; also known as product defamation or trade slander.

Computer Programs

Coded instructions that direct the operation of computer hardware to perform specific tasks or functions.

Patent Act

Legislation governing the granting of patents for inventions and the rights of patent holders.

Monopoly

The control of a particular market or trade by a single entity, eliminating competition.