Examlex
Alice took a photograph of a parade that passed by the window of the office where she worked,and submitted it to the local newspaper along with a short report on the celebrations.Because Alice took the photograph while she was at work,her employer would be entitled to the copyright in the picture.
Creative Destruction
A concept in economic theory that refers to the process by which new innovation leads to the demise of existing structures and creates new opportunities.
Dominant Firms
Firms that have a major share of the market sales in a particular industry, giving them the power to influence the market's total output and price levels.
New Products
Items that have been recently introduced to the market, offering innovative solutions or improvements over existing products.
Interest-Rate Cost-Of-Funds
Represents the interest rate that banks or other financial institutions pay for the funds that they use in their operations, including deposits and loans from other institutions.
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