A Business Formula, Information Compilation, or Device That Provides an Advantage

question 44

Multiple Choice

A business formula, information compilation, or device that provides an advantage over competitors that do not have it is known as a:

• A) competitive advantage.
• B) strategic advantage.
• C) trade secret.
• D) restraint of trade.

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Definitions:

Refusing

The act of denying or rejecting a proposal, request, or command.

Laughing

An involuntary response to certain external or internal stimuli, often associated with amusement, joy, or relief.

Internalization of Schemes

The process by which children absorb and integrate new information and experiences into their existing cognitive structures or schemas.

Months

units of time in the calendar, typically used to measure periods of about 30 days long, which together constitute a year.