Electronics Firms May Be Able to Get Patents on Their

question 12

Multiple Choice

Electronics firms may be able to get patents on their ideas.Doing so makes their ideas

• A)private goods rather than public goods.This gives people more incentive to engage in research.
• B)private goods rather than public goods.This gives people less incentive to engage in research.
• C)public goods rather than private goods.This gives people more incentive to engage in research.
• D)public goods rather than private goods.This gives people more incentive to engage in private research.

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Definitions:

Ultimate Responsibility

The highest level of accountability for the outcomes of decisions and actions within an organization or project.

Departmentalization Scheme

The method an organization uses to segment its operations into specialized units or departments based on function, product, geography, or process.

Process Departmentalization

involves organizing a company's divisions or departments based on the production processes they perform, aiming to enhance efficiency and expertise in those processes.

Business Functions

The variety of activities carried out within a business organization to achieve its objectives, such as marketing, finance, operations, and human resources.