Business Should Take Government Actions as

question 10

Multiple Choice

Business should take government actions as

• A)given.
• B)something that must be recognized in decision-making.
• C)a passive factor with little impact.
• D)enhancing efficiency.

---

Definitions:

Competitive Advantage

A condition or circumstance that puts a company in a more favorable or superior business position compared to its competitors.

Trade Secrets

Information, including a formula, pattern, compilation, program, device, method, technique, or process, that provides a business with a competitive advantage and is kept confidential.

Secret Processes

Proprietary methods or procedures used in manufacturing or business operations that are not disclosed to the public.

Copyright

A form of intellectual property protection that grants the creator of original works of authorship exclusive rights to their use and distribution, typically for a limited time.