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Among the Guidelines for Balancing the Interests of Various Stakeholders

question 14

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Among the guidelines for balancing the interests of various stakeholders to resolve ethical dilemmas in business are:

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Definitions:

Research And Development

Activities undertaken by companies to innovate and introduce new products or processes, often involving substantial investment in technology and human resources.

Patent

A Patent is an exclusive right granted to an inventor to make, use, or sell an invention for a certain number of years, protecting it from unauthorized use or replication.

Legal Fees

Charges billed by attorneys or law firms for legal services rendered.

Intangible Assets

Non-physical assets owned by a business that could include intellectual property rights, brand recognition, and patents.

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