2500 entrepreneurship smartbook chp 3 questions
___ is a choice by an entrepreneur about which customer groups to serve and how to serve them.
scope
Any patents, trademarks, copyrights, or trade secrets held by an entrepreneur are known as
Intellectual property
Identify a point that an entrepreneur should keep in mind before signing a contract. Multiple choice question. The entrepreneur should not cross out any point in the contract even if he or she does not agree to that point. The entrepreneur should not waste time reading long-winded terms and conditions in the contract. The entrepreneur should not sign if there are blank spaces. The entrepreneur should not keep a copy of the contract files after signing.
The entrepreneur should not sign if there are blank spaces.
What is the role of the Office of International Patent Cooperation established by the U.S. Patent and Trademark Office (USPTO)? Multiple choice question. To increase the average time to receive an international patent to 34 months To establish a classification scheme that is different from that of the European Patent Office To advance toward a more harmonized patent system To amend the America Invents Act of 2011
To advance toward a more harmonized patent system
If an entrepreneurial firm is a first mover in a particular market, it _____. Multiple choice question. can learn by trial and error over time will not be able to select the most attractive segment of the market will not face any competitive rivalry can prevent the changes that occur in an industry
can learn by trial and error over time
Strategies that involve copying the practices of other firms are ____ strategies
imitation
A(n) ____ ____requires protection against others revealing or disclosing information that could be damaging to business.
trade secret
Right given to prevent others from printing, copying, or publishing any original works of authorship is known as a(n) .
copyright
It is mandatory that a patent application must include _____. Multiple choice question. documents that support a claim but lack legitimacy a thorough history and description of an invention and claims for its usefulness clauses that limit the rights of an inventor a clause that considers the right of competitors who want to imitate the invention
a thorough history and description of an invention and claims for its usefulness
To extend their lead time in a particular market, first movers should _____. Multiple choice question. establish a good relationship with any supplier by sharing trade secrets build customer loyalty by establishing their products in the minds of customers increase switching costs to lock in existing customers share their products' unique features with local firms
build customer loyalty by establishing their products in the minds of customers
If an entrepreneurial firm is a first mover in a particular market, it _____. Multiple choice question. will not be able to select the most attractive segment of the market can learn by trial and error over time will not face any competitive rivalry can prevent the changes that occur in an industry
can learn by trial and error over time
A legally binding agreement between two parties is known as a _____. Multiple choice question. warrant preference share comfort letter contract
contract
The probability, and magnitude, of downside loss, which could result in the bankruptcy of a firm, is known as ____
risk
A word, symbol, design, or some combination of such, or it could be a slogan or even a particular sound that identifies the source or sponsorship of certain goods or services is known as a(n)
trademark
Which of the following should be included in the section of a patent application named description of invention? Multiple choice question. Engineering specifications, materials, components, and so on that are important to the real making of an invention Essential parts of an invention described in broad terms The background and advantages of an invention and the nature of problems that it overcomes A description about how an invention differs from existing offerings
Engineering specifications, materials, components, and so on that are important to the real making of an invention
Which of the following is true of demand uncertainty? Multiple choice question. It is not present in emerging industries and is only present in matured industries. It can cause entrepreneurs to suffer the costs associated with undercapacity. It makes it easy to predict the key dimensions along which a market will grow. It only allows first movers to accurately estimate future demand patterns.
It can cause entrepreneurs to suffer the costs associated with undercapacity.
Negative implications arising from an organization's newness are known as .
Liabilities of newness
An entrepreneur's assessment of a new entry's attractiveness is most likely about _____. Multiple choice question. the amount of time the entrepreneur spends searching for information the availability of an opportunity in a new market whether the entrepreneur believes that he or she can create the market demand whether an opportunity actually exists or not
whether the entrepreneur believes that he or she can create the market demand
The period of time when the environment is favorable for entrepreneurs to exploit a particular new entry is known as ____ _____ ____.
window of opportunity
A contract is a legally enforceable agreement between two or more parties as long as certain conditions are met. Identify these conditions. (Check all that apply.) Multiple select question. An offer is not binding until voluntary acceptance of the offer is given. Any sales of $100 or less must be in a written form. All parties are given the right to negotiate for their firms. Illegal activities under a contract should be bound.
All parties are given the right to negotiate for their firms. An offer is not binding until voluntary acceptance of the offer is given.
Jonathan, an entrepreneur of a startup software company, seeks to patent new software developed. How can he minimize patent risks? Multiple choice question. By considering a design patent to prevent others from copying the software's design By avoiding licensing the patent to other firms By infringing on another software firm's patent, without seeking legal counsel By avoiding the evaluation of competitor patents
By considering a design patent to prevent others from copying the software's design
Jonathan, an entrepreneur of a startup software company, seeks to patent new software developed. How can he minimize patent risks? Multiple choice question. By infringing on another software firm's patent, without seeking legal counsel By avoiding licensing the patent to other firms By avoiding the evaluation of competitor patents By considering a design patent to prevent others from copying the software's design
By considering a design patent to prevent others from copying the software's design
Sarah, an entrepreneur at a startup, seeks to patent a new product. How should she minimize patent risks? Multiple choice question. By consulting a patent attorney who is an expert in the same product line By avoiding the evaluation of competitor patents By avoiding licensing the patent to other firms By infringing on another product's patent without legal counsel
By consulting a patent attorney who is an expert in the same product line
Which of the following types of insurance covers the costs of defense and judgments obtained against a company resulting from bodily injury or property damage? Multiple choice question. Property Life Casualty Bonding
Casualty
Which of the following should be included in the section of a patent application named description of invention? Multiple choice question. A description about how an invention differs from existing offerings Engineering specifications, materials, components, and so on that are important to the real making of an invention Essential parts of an invention described in broad terms The background and advantages of an invention and the nature of problems that it overcomes
Engineering specifications, materials, components, and so on that are important to the real making of an invention
What are the components of a patent application? (Check all that apply.) Multiple select question. Affidavits Introduction Letters of comfort Claims Description of invention
Introduction Description of invention Claims
Identify a true statement about knowledge that is the basis of entrepreneurial resource. It is typically common rather than rare. It can be unique to the experiences of an individual entrepreneur. It is not important for generating a bundle of resources. It is typically easily to communicate to others.
It can be unique to the experiences of an individual entrepreneur.
Ryan is the CEO of a startup. He plans to hire a lawyer to understand the regulations that may affect his firm. Who among the following should Ryan hire? Multiple choice question. Rita, who may lead Ryan to lose control of the business Lisa, who incurs high hourly visit fees Samuel, who is someone Ryan cannot relate to personally Johnson, who is someone Ryan can establish a good working relationship with
Johnson, who is someone Ryan can establish a good working relationship with
What is the basis of the entrepreneurial capability to gather, and then recombine, resources into a bundle that is valuable, rare, and inimitable? Multiple choice question. Power Knowledge Capital Wealth
Knowledge
In the context of strategy of product differentiation, firms with narrow-scope strategies are most likely to _____. Multiple choice question. face increased competition with the larger established firms charge premium prices for their products and services offer low levels of product quality to their customers cater to mass markets rather than specific groups of customers
charge premium prices for their products and services
An error of _____ occurs from the decision to pursue a new entry opportunity, only to find out later that an entrepreneur had overestimated his or her ability to create customer demand and/or to protect the technology from imitation by competitors. Multiple choice question. negligence exclusion omission commission
commission
A firm with a narrow-scope strategy is most likely to _____. Multiple choice question. cater to mass markets rather than specific groups in a market face more competition than a firm with a broad-scope strategy develop high quality products for the high end of a market focus on producing a wide variety and range of products
develop high quality products for the high end of a market
Industries that have been newly formed and are growing are known as
emerging industries
The ability to obtain, and then recombine, resources into a bundle that is valuable, rare, and inimitable is considered an important ______ resource.
entrepreneurial
True or false: Newness/new entry of a new product normally creates no challenges for entrepreneurs.
false
A strategy that offers a small product range to a small number of customer groups to satisfy a particular need is known as a _____ strategy. Multiple choice question. narrow-scope major-scope minor-scope broad-scope
narrow-scope
Offering a new product to an established or new market, offering an established product to a new market, or creating a new organization is the entrepreneurial act of
new entry
An error of _____ occurs from the decision not to act on a new entry opportunity, only to find out later that an entrepreneur had underestimated his or her ability to create customer demand and/or to protect the technology from imitation by competitors. Multiple choice question. exploitation commission omission engagement
omission
A contract between the government and an inventor is known as a(n) _____. Multiple choice question. stock trademark patent affidavit
patent
A true statement about a patent is that it _____. Multiple choice question. identifies the source of sponsorship of certain goods or services that lasts indefinitely prohibits anyone other than the owner from creating, using, or selling the defined invention gives the owner a positive right is also known as a trademark
prohibits anyone other than the owner from creating, using, or selling the defined invention
are the basic building blocks to a firm's functioning and performance, and they are simply the inputs into the production process.
resources
when a violation of product safety standards is reported, the Consumer Product Safety Commission _____. Multiple choice question. withholds all profits made by the manufacturer in question on the product reviews the report and if necessary orders a recall of the product immediately orders a recall of all products sold by the manufacturer in question negotiates with the manufacturer in question on the possibility of recalling the product
reviews the report and if necessary orders a recall of the product
Considerable difficulty in accurately assessing whether a technology will perform and whether alternate technologies will emerge and leapfrog over current technologies is known as ____ _____
technological uncertainty
A true statement about emerging industries is that _____. Multiple choice question. the rules of emerging industries are established very quickly entrepreneurs are able to easily detect changes in emerging industries entrepreneurs do not have considerable freedom in how they achieve success they are very likely to have a high degree of environmental changes
they are very likely to have a high degree of environmental changes
What should be included in the description of invention section of a patent application? Multiple choice question. A description about how an invention differs from existing offerings The background and advantages of an invention and the nature of problems that it overcomes A brief explanation about the drawings that accompany the application, which comply with Patent and Trademark Office (PTO) requirements Essential parts of an invention described in broad terms
A brief explanation about the drawings that accompany the application, which comply with Patent and Trademark Office (PTO) requirements
Identify the requirements for filing of a trademark registration. (Check all that apply.) Multiple select question. Five specimens that demonstrate the actual use of the mark Approval by an authorized attorney Popular opinion about the usage of the trademark A drawing of the mark Completion of a written form
Identify the requirements for filing of a trademark registration. (Check all that apply.) Multiple select question. Five specimens that demonstrate the actual use of the mark Approval by an authorized attorney Popular opinion about the usage of the trademark A drawing of the mark Completion of a written form
Identify the advantages that entrepreneurial firms are most likely to experience if they are first movers. (Check all that apply.) Multiple select question. They are able to reduce costs as they can spread their fixed costs because of economies of scale. They experience less competitive rivalry than do other firms. They are able to prosper under every circumstances as they are the first movers. They are able to replicate the products of their competitors.
They are able to reduce costs as they can spread their fixed costs because of economies of scale. They experience less competitive rivalry than do other firms.
Which of the following is true of imitation strategies? Multiple choice question. They do not represent substitutes for individual learning. They are normally rare and valuable. They cannot enhance the performance of a firm. They are used to decrease the risk of downside loss related to new entry.
They are used to decrease the risk of downside loss related to new entry.
An accurate statement about resources is that _____. they are not the inputs into a firm's production process a firm's resources are only comprised of its machinery and capital a firm's resources should be valuable, rare, and inimitable if it seeks to outperform its competition in order to truly understand the value of a resource, a firm must consider the individual rather than the bundle
a firm's resources should be valuable, rare, and inimitable if it seeks to outperform its competition
If an entrepreneurial firm is a first mover in a particular market, it _____. Multiple choice question. will not face any competitive rivalry can learn by trial and error over time can prevent the changes that occur in an industry will not be able to select the most attractive segment of the market
can learn by trial and error over time
True or false: An entrepreneur's assessment of a new entry's attractiveness is more about whether this opportunity "really" exists or not and less about whether the entrepreneur believes he or she can make it work.
false, its less
A narrow-scope strategy is most likely to _____. Multiple choice question. focus on mass markets rather than a specific group of customers focus on producing niche products with high levels of quality offer a range of products across many different market segments provide a better way of managing demand uncertainty than a broad-scope strategy
focus on producing niche products with high levels of quality
A feature of a trademark is that it _____. Multiple choice question. has a term of 20 years that begins on the date of filing with the Patent and Trademark Office (PTO) has an initial 30-year registration is able to last indefinitely as long as it continues to perform its indicated function is the same as a patent
is able to last indefinitely as long as it continues to perform its indicated function
A true statement about customer loyalty is that _____. Multiple choice question. it can be developed when buyers identify an industry with a first mover it cannot be established by first movers with unique products it is typically developed by increasing switching costs it does not help first movers in erecting barriers to entry
it can be developed when buyers identify an industry with a first mover
In the context of trade secrets, documents that are prepared by an employer and signed by an employee in order for the company to protect valuable assets ranging from product information to clients, marketing ideas, and unique strategies are known as _____. Multiple choice question. exclusion clauses noncompete agreements limited liability agreements comfort letters
noncompete agreements
In the context of trade secrets, documents that are prepared by an employer and signed by an employee in order for the company to protect valuable assets ranging from product information to clients, marketing ideas, and unique strategies are known as _____. Multiple choice question. limited liability agreements noncompete agreements exclusion clauses comfort letters
noncompete agreements
A characteristic of first movers is that _____. Multiple choice question. they will be unable to select and secure the most attractive segments of the market they will be able to establish their product as the industry standard they do not develop any cost advantages they may be able to monitor changes in the market better than firms that are not in the market
they may be able to monitor changes in the market better than firms that are not in the market
When customers have considerable difficulty in accurately assessing whether a new product or service provides value for them, this leads to
uncertainty for customers
When selecting a lawyer, an entrepreneur should ensure that the lawyer _____. Multiple choice question. refrains from working for a one-time fee understands all possible circumstances and results related to any legal action refrains from being up-front about his or her fees is an expert in the industry that the entrepreneur's company operates in
understands all possible circumstances and results related to any legal action
What should be included in the description of invention section of a patent application? Multiple choice question. The background and advantages of an invention and the nature of problems that it overcomes Essential parts of an invention described in broad terms A brief explanation about the drawings that accompany the application, which comply with Patent and Trademark Office (PTO) requirements A description about how an invention differs from existing offerings
A brief explanation about the drawings that accompany the application, which comply with Patent and Trademark Office (PTO) requirements
Sean, an entrepreneur, decides to sign a business contract with a vendor. Identify a guideline he should follow. Multiple choice question. Sign the contract even if there are blank spaces Avoid agreeing upon anything he objects Avoid making a copy for his files after signing Refrain from reading the terms and conditions in the contract
Avoid agreeing upon anything he objects
Which of the following is true of lead time? Multiple choice question. It is typically considered a disadvantage for first movers. It provides first movers with the chance of setting their product as the industry standard. It does not provide entrepreneurs with a period of limited competition. It does not involve the erection of barriers to prevent other firms from entering a market.
It provides first movers with the chance of setting their product as the industry standard.
Which of the following acts states that an entrepreneur should assess whether any product that is to be marketed in the new venture is subject to any regulations? Multiple choice question. The Gramm-Leach-Bliley Act The Consumer Product Safety Act The Fair Debt Collection Practices Act The Fair Credit Reporting Act
The Consumer Product Safety Act
Identify a characteristic of narrow-scope strategies. Multiple choice question. They normally concentrate on a specific group of customers. They normally offer a range of products across many different market segments. They typically reduce the risks associated with market uncertainties. They provide a better way of managing demand uncertainty than broad-scope strategies.
They normally concentrate on a specific group of customers.
Why was the Sarbanes-Oxley Act of 2002 amended in 2010? Multiple choice question. To create a five-member commission that has the power to prescribe safety standards for more than 15,000 types of consumer products To enhance the power of the board supervising the act to establish clearer disciplinary proceedings where violations have occurred To minimize control over the financial activities of public companies To mandate employers to provide health insurance to employees who work for more than 30 hours per week
To enhance the power of the board supervising the act to establish clearer disciplinary proceedings where violations have occurred
An attribute of technological uncertainty is that _____. Multiple choice question. delayed entry typically enhances the technological uncertainty of a market delayed entry allows firms to decrease technological uncertainty technological uncertainty has no impact on a firm's production and capital technological uncertainty is only present for first movers
delayed entry allows firms to decrease technological uncertainty
Considerable difficulty in accurately estimating the potential size of a market, how fast it will grow, and the key dimensions along which it will grow is known as ____ _____
demand uncertainty
It is advisable for an entrepreneur to first file a provisional patent application to _____. Multiple choice question. reduce the period of approval for an international patent avoid following the laws under the America Invents Act of 2011 request for providing the patent within six months establish a date of the formation of an invention
establish a date of the formation of an invention
It is advisable for an entrepreneur to first file a provisional patent application to _____. Multiple choice question. avoid following the laws under the America Invents Act of 2011 request for providing the patent within six months reduce the period of approval for an international patent establish a date of the formation of an invention
establish a date of the formation of an invention
True or false: The protection in a copyright protects an idea itself.
false
True or false: In a market, first movers normally obtain knowledge through vicarious learning rather than learning-by-doing.
false they learn by doing
an accurate statement about imitation strategies is that _____. Multiple choice question. they serve as substitutes for individual learning and research they do not provide a firm with organizational legitimacy they cannot enhance a firm's performance they are typically rare, valuable, and specific to a firm
they serve as substitutes for individual learning and research
True or false: Licensing is an important marketing strategy for entrepreneurs who wish to start a new venture but need permission to copy or incorporate the patent, trademark, or copyright with their ideas. True false question. True False
true
In order to develop a good fit with the external environment, an entrepreneur should initially determine the _____ of the targeted industry. Multiple choice question. key success factors key resources revenue profitability
key success factors
The requirements that any firm must meet to successfully compete in a particular industry are known as ____ _____ _____
key success factors
The grace period in which a first mover operates an industry under conditions of limited competition is known as ____ _____
lead time
A contractual agreement giving rights to others to use intellectual property in return for a royalty or fee is known as _____
licensing
Which of the following is true of customer uncertainty? Multiple choice question. The problem of customer uncertainty can only be eliminated by offering informational advertising. Potential customers' uncertainty do not stem from the broader context in which a product is to be used. It is typically not present when a product or service is highly innovative. It can be present even when a new firm has a superior product when compared with its competition.
It can be present even when a new firm has a superior product when compared with its competition.
What are the functions of the U.S. Patent and Trademark Office (USPTO)? (Check all that apply.) Multiple select question. It authorizes the U.S. Food and Drug Administration to issue design patents. It controls many online services for an entrepreneur, such as software for filing patents. It governs the U.S. International Trade Administration. It issues patents.
It controls many online services for an entrepreneur, such as software for filing patents. It issues patents.
Which of the following is true of scope? Multiple choice question. It depends on the type of entrepreneurial risk taken. It refers to the probability, and magnitude, of downside loss. It is not a choice about which customer groups to serve and how to serve them. It does not range from a narrow- to a broad-scope strategy.
It depends on the type of entrepreneurial risk taken.
What is a feature of entrepreneurial knowledge? Multiple choice question. Market knowledge will always be more important than technology knowledge. It is not unique among individual entrepreneurs. It is as valuable or more valuable than entrepreneurial resources. It is considered to be common rather than rare.
It is as valuable or more valuable than entrepreneurial resources.
Which of the following statements is true about the impact of the 2008 amendment of the Consumer Product Safety Act on the Consumer Product Safety Commission? Multiple choice question. The amendment has led to an increase in the number of staff of the commission from five to nine. The amendment has reduced the burden placed on the staff of the commission. The amendment has eliminated the power of the commission to prescribe safety standards for consumer products. The amendment has given the commission more power and clearer standards on determining any safety issues.
The amendment has given the commission more power and clearer standards on determining any safety issues.
Identify the advantages of imitation strategies. (Check all that apply.) Multiple select question. They allow firms to develop the skills required to succeed in an industry. They provide organizational legitimacy to firms. They will always enhance a firm's performance. They are rare, valuable, and specific to individual firms.
They allow firms to develop the skills required to succeed in an industry. They provide organizational legitimacy to firms.
True or false: Intellectual property represents significant assets to an entrepreneur and should be understood before seeking the services of an attorney. True false question. True False
True
Identify the conditions from which liabilities of newness emerge. (Check all that apply.) Multiple select question. When communication within an organization occurs through formal channels only When there is some overlap or gaps in responsibilities When particular roles are clearly defined and demarcated by a firm When a company has to deal with the costs associated with learning
When there is some overlap or gaps in responsibilities When a company has to deal with the costs associated with learning
A strategy that involves copying products that already exist and attempting to build an advantage through minor variations is known as _____. Multiple choice question. franchising a "me-too" strategy scoping a narrow-scope strategy
a "me-too" strategy
The introduction section of a patent application should contain _____. Multiple choice question. a detailed description of an invention that are vital to the actual making of the invention an explanation about essential parts of an invention in broad terms a brief description of drawings based on an invention an explanation about the differences between an invention and existing offerings
an explanation about the differences between an invention and existing offerings
A true statement about a patent is that it _____. Multiple choice question. is also known as a trademark gives the owner a positive right prohibits anyone other than the owner from creating, using, or selling the defined invention identifies the source of sponsorship of certain goods or services that lasts indefinitely
prohibits anyone other than the owner from creating, using, or selling the defined invention
The initial application to the U.S. Patent and Trademark Office providing evidence of first to market is known as a(n)
provisional patent application
When an entrepreneur is faced with a window of opportunity, the entrepreneur must _____. Multiple choice question. always gather more information before entering the market quickly exploit the opportunity with his or her product or idea enter the market even if he or she has no market or technological knowledge wait and see if another entrepreneur experiences success in the same market
quickly exploit the opportunity with his or her product or idea
How long does the entire process of registering a trademark usually take? Multiple choice question. Six months from the initial filing 13 months from the initial filing Three months from the initial filing 18 months from the initial filing
13 months from the initial filing
What should be included in the description of invention section of a patent application? Multiple choice question. Essential parts of an invention described in broad terms A description about how an invention differs from existing offerings The background and advantages of an invention and the nature of problems that it overcomes A brief explanation about the drawings that accompany the application, which comply with Patent and Trademark Office (PTO) requirements
A brief explanation about the drawings that accompany the application, which comply with Patent and Trademark Office (PTO) requirements
What is the new legislation, enacted as part of the America Invents Act of 2011, pertaining to the U.S. Patent and Trademark Office (USPTO) system? Multiple choice question. The average time to receive a patent has been increased to 62 months. Initial filing fees for a utility patent for a small entity have been increased from $80 to $100 for an electronic filing. It empowers the U.S. Food and Drug Administration with the right to grant patents. It establishes a first-to-file system that rewards firms that can file quickly rather than those who may be the first to think of the idea.
It establishes a first-to-file system that rewards firms that can file quickly rather than those who may be the first to think of the idea.
Identify a true statement about the Consumer Product Safety Act, which was passed in 1972 and amended in 1990. Multiple choice question. It led to the dissolution of the Consumer Product Safety Commission. It formed a five-member commission to authorize safety standards for more than 15,000 types of consumer products. It established protection against the leaking of trade secrets in organizations. It allowed an entrepreneur to maintain an idea or process as confidential and to sell or license it as a trade secret.
It formed a five-member commission to authorize safety standards for more than 15,000 types of consumer products.
Identify a true statement about the introduction section of a patent application. Multiple choice question. It includes explanations about essential parts of the invention in broad terms. It includes a detailed description of the invention that are vital to the actual making of the invention. It includes the invention's background and advantages and the nature of troubles that it overcomes. It contains a brief description of drawings based on the invention.
It includes the invention's background and advantages and the nature of troubles that it overcomes.
In the context of strategy of product differentiation, identify a true statement about a firm's narrow-scope strategy. Multiple choice question. It offers a large product range to a large number of customer groups to satisfy a general need. It always reduces the risks associated with market uncertainties. It always reduces the risks associated with competition. It is susceptible to the risk that market demand does not materialize as expected and/or changes over time.
It is susceptible to the risk that market demand does not materialize as expected and/or changes over time.
Why did the U.S. Patent and Trademark Office (USPTO) establish the Office of International Patent Cooperation? Multiple choice question. To amend the legislation enacted as part of the America Invents Act To increase the average time to receive an international patent to 34 months To reduce the harmony in the patent system To reduce the ambiguity of International Patenting (IP) rights while decreasing costs
To reduce the ambiguity of International Patenting (IP) rights while decreasing costs
When does the risk of downside loss occur in a firm? (Check all that apply.) Multiple select question. When there is a technological development When the firm copies the practices of other firms When the entrepreneur is uncertain over market demand When the entrepreneur adopts market scope strategies
When the entrepreneur is uncertain over market demand When there is a technological development
What is the provision of section 404 of the Sarbanes-Oxley Act? Multiple choice question. It requires a firm to attest to the soundness of the firm's internal controls and financial statements. It minimizes control over the financial activities of public firms. It requires employers with 100 or more full-time employees to provide health-care coverage by January 1, 2015. It encourages businesses to go public.
It requires a firm to attest to the soundness of the firm's internal controls and financial statements.
Why is a trademark published in the Trademark Official Gazette once it is accepted by the Patent and Trademark Office (PTO)? Multiple choice question. To impose a term of 20 years on the trademark To allow the PTO to decide whether the mark is a patent infringement To let any party 30 days to oppose or request an extension to oppose To allow an applicant to raise any objections within a year
To let any party 30 days to oppose or request an extension to oppose
