12 Which of the following forms of IP are specifically limited in how long they
ID: 339158 • Letter: 1
Question
12
Which of the following forms of IP are specifically limited in how long they are likely to be competitive advantage
trade secrets
patents
designs
trademarks
10
Casual ambiguity can increase the durability of competitive advantage
T or F
5
The firms that are the best at beating the competition are the most likely to gain a competitive advantage
T or F
3.
Market capitalization is how much the firm can borrow from the financial markets for strategic projects
T or F
4
Industries are generally going to be more profitable if the power of the buyers of that industry and suppliers to that industry is high
T or F
Explanation / Answer
12-Which of the following forms of IP are specifically limited in how long they are likely to be competitive advantage
designs
Explanation - designs are required to change along with the time but the trade secrets, patents and trademark remains the same for a long time and does not require any modification for limiting the competitive advantage.
10-Casual ambiguity can increase the durability of competitive advantage
True
Explanation- examination of different impacts on casual ambiguity provide the information that sustainability of competitive advantage is better in casual ambiguity.
5- The firms that are the best at beating the competition are the most likely to gain a competitive advantage.
True
Explanation- companies beat the competition only when they have innovative approach and strategy as well as better competitive advantage.
3- Market capitalization is how much the firm can borrow from the financial markets for strategic projects
False
Explanation- market capitalisation can be defined as the aggregate valuation of the company based on its current share price.
4-Industries are generally going to be more profitable if the power of the buyers of that industry and suppliers to that industry is high
False
Explanation- if the power of buyer is high then it would affect the company's overall sales as the power would be in hands of the customers and suppliers which would reduce the overall profits for the company itself.
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