​Bisha Created a New Recipe for a Sandwich Spread and Applied

question 28

True/False

​Bisha created a new recipe for a sandwich spread and applied for a patent to protect her trade secret.She is likely to receive this patent.

---

Definitions:

Real Wages

The purchasing power of an individual's earnings, accounting for inflation.

Cost-Of-Living Increases

Adjustments to salaries or wages to offset the impact of inflation on purchasing power.

Job Evaluation

A systematic process used to assess the relative worth of jobs within an organization for the purpose of establishing fair compensation levels.

Private Sector

Part of the economy that is run by individuals and companies for profit and is not directly controlled by the state.