Which of the Following Can Be Used to Give Firms

question 88

Multiple Choice

Which of the following can be used to give firms incentive to innovate?

• A)patents
• B)copyrights
• C)trade secrets
• D)higher taxes
• E)a,b,and c

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Definitions:

Human Resource Supply Techniques

Refers to the strategies and methods used by organizations to meet their current and future human resource needs.

Structural Equation Modelling

A statistical technique that permits the testing of multiple relationships simultaneously in a theoretically derived model.

Simulation

The use of models, often computerized, to replicate real-life processes, scenarios, or systems for the purpose of training, problem-solving, or prediction.

Scenario Planning

A strategic planning method that organizations use to envision and prepare for future possibilities, helping them navigate uncertainties and make flexible long-term plans.