Crocs Shoes Lost Its Competitive Advantage Because Patents Did Not

question 28

True/False

Crocs Shoes lost its competitive advantage because patents did not protect the firm from direct imitation.

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Definitions:

Ancient Greek

Relating to the language, culture, or history of Greece, particularly during the classical period before the Roman conquest.

Psychokinesis

A purported psychic ability allowing a person to influence a physical system without physical interaction.

Vocal Cords

Folds of tissue in the throat that vibrate and produce sound when air is expelled from the lungs, enabling speech.

High Pitch

Frequencies of sound that are higher and usually perceived as sharper by the human ear.