A Patent Gives the Inventor

question 58

Multiple Choice

A patent gives the inventor:

• A) property rights for 10 years.
• B) the right to use the invention until development costs are recouped.
• C) exclusive rights to manufacture, exploit, use, and sell the invention for a given time period.
• D) the right to keep the patented process but not the product for five years.
• E) two of the above.

Understand the essential difference between the roles of a leader and a follower.

Identify the psychological components pertaining to leadership.

Recognize the historical evolution of leadership styles and theories.

Differentiate between symbolic and prescribed behaviors in leadership.

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Definitions:

Organisation

An entity comprising multiple people, such as an institution, association, or business, working together to achieve a common goal or set of objectives.

Self-Managed Teams

Groups of employees who collectively assume responsibility for organizing, controlling, and supervising their own work activities.

Job Satisfaction

The level of contentment employees feel with their job roles, responsibilities, and work environment.

Quality of Service

The assessment of how well a delivered service matches the expectations of the customer.