If a Nation Changes Its Laws to More Actively Enforce

question 75

Multiple Choice

If a nation changes its laws to more actively enforce intellectual property rights, all of the following will most likely take place except

• A) more software companies will choose to export their products to that country.
• B) more film makers will choose to do business in that country.
• C) the black market for intellectual property will become more prosperous in in that country.
• D) foreign investment in that country will increase.

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Definitions:

Private-label Brands

Products manufactured by one company for sale under another company's brand, commonly found in groceries and chain stores, offering a competitive alternative to national brands.

Retailers

Businesses that sell goods and services directly to consumers through various channels, including physical stores, online platforms, and catalogues, acting as intermediaries between manufacturers and end-users.

Line Extension

The introduction of additional items in a product line under the same brand name, often new flavors, forms, colors, added ingredients, or package sizes.

Brand Strategy

A plan developed by a business to create a particular image of itself and its products or services in the minds of consumers, distinguishing it from its competitors.