Employees Will Be Able to Obtain a Proportionately High Level

question 78

Multiple Choice

Employees will be able to obtain a proportionately high level of profits they generate (relative to the firm) if

• A) suppliers are loyal to the firm.
• B) their expertise is firm-specific.
• C) the cost to the firm of replacing them is high.
• D) the firm's resources are path dependent.

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Definitions:

Lanham Act

U.S. federal legislation that provides protection against trademark infringement, dilution, and false advertising.

Federal Registration

The process of formally recording something, such as a property claim or trademark, with a federal agency to receive protection under national laws.

Federal Courts

Courts established by the federal government of a country that deal with issues concerning the constitution and federal laws.

Duration

The length of time that something lasts or continues.