100% ACCURATE ANSWERS
Which of the following statements regarding the three categories of
knowledge is true? - Precise Answer ✔✔Intellectual capital is
essentially tacit knowledge
Which of the following marks would be eligible to become trademarks
or service marks? - Precise Answer ✔✔c. None of these are correct.
All of the following are common problems associated with new product
development (NPD) EXCEPT - Precise Answer ✔✔complicated
products.
Which of the following is the most common reason that trademarks are
denied? - Precise Answer ✔✔The mark is likely to create confusion with
an existing trademark in the marketplace.
During the final phase of the product development cycle, an
entrepreneur must decide whether to - Precise Answer ✔✔All of these
are correct.
b. start a business to make and distribute the product.
c. joint venture with another company that has the resources that the
entrepreneur needs.
d. sell the technology.
e. license the technology to another company to develop it into
applications.
A copyright protects - Precise Answer ✔✔the form in which an idea is
displayed.
Marcus has adopted "iFix it fast." as the slogan for his electronics repair
, shop. This slogan is Marcus's - Precise Answer ✔✔trademark
Approximately _____ percent of new product development (NPD)
projects don't include vital market research. - Precise Answer ✔✔35
The initial margins for a new line of cosmetics that Kim has developed
are slim due to development costs. She is wondering whether they will
improve with economies of scale. Which of the following product
development trade-offs is Kim dealing with? - Precise Answer
✔✔Product cost vs. development costs
To qualify for _____, the work must be in a fixed and tangible form—
that is, one must be able to see or hear it. - Precise Answer ✔✔federal
copyright protection
All of the following are factors that are significant in team composition
EXCEPT - Precise Answer ✔✔reward structure.
Which of the following is NOT a class into which an invention must fit?
- Precise Answer ✔✔A design of a machine or something with moving
parts or circuitry
Using a(n) _____ lets you adjust how equity is split among cofounders
to reflect changes in conditions. - Precise Answer ✔✔dynamic
agreement
Which of the following does customer identification or discovery ask? -
Precise Answer ✔✔Who is the primary customer?
Opportunity recognition, feasibility, and prototype development are
elements of - Precise Answer ✔✔the product development cycle.
Which of the following individuals would be the best fit as the chief