Examlex

Solved

KFC Opposed Patented Invention or Any Other Form of Intellectual

question 99

Multiple Choice

KFC opposed patented invention or any other form of intellectual property when it came to protecting its fried chicken recipe.It chose the simplest way to protect its intellectual property by not revealing it.By doing this, KFC created a _____.


Definitions:

Cash Flows

The cumulative amount of money circulating in and exiting a business, markedly influencing its liquidity position.

Effective Annual Rate

The interest rate on an investment or loan that is compounded annually, reflecting the full amount of interest paid or earned over a year.

Compounding

The process where the value of an investment increases because the earnings on an investment, both capital gains and interest, earn interest as time passes.

Rate of Return

An indicator of the efficiency of an investment, measuring how much profit or loss has been made compared to its initial cost, represented as a percentage.

Related Questions