All of the following are true for trade secrets except:

• A) It is protecting the secrecy itself
• B) The firm must take all possible measures to keep it secret
• C) It should not be known to others or general public
• D) It is the legal right to use the work of someone

All of the following are true for copyrights EXCEPT:

• A) An idea which is not written somewhere can get copyrights
• B) It is the legal right to use the work of someone
• C) People working in the software industry also require copyrights
• D) Copyright limits or restricts other from making copies

In which of the following, the firm is not bound to disclose the secret or information in order to register it?

• A) Patents
• B) Trademark
• C) Trade secret
• D) Copy right

Organization A and B have decided to go for collaboration and establish a new separate legal entity named as C. This is the example of which of the following?

• A) Collective Research Organization
• B) Licensing
• C) Outsourcing
• D) Joint venture

ABC Company produced automatic sewing machine with various features i.e. good ergonomics and controls, light weight, and good aesthetics. But as the machine was launched it got a failure because it was not user friendly. In your opinion which qualitative research dimension was neglected by the manufacturer?

• A) Project Timing and Cost
• B) Role of Customer
• C) Role of Capabilities
• D) Size of the Segment

Whether a firm chooses to engage in solo development or collaboration will be influence by which of the following?

• A) Controlling technology development and use
• B) All of the given options
• C) Availability of Capabilities
• D) Protecting Proprietary technologies

People working in the software industry also require which of the following for their software and application?

• A) Patents
• B) Copy right
• C) Trademark
• D) Trade secret

Organizations who provide venture capital purchase such projects that are:

• A) At high growth in terms of number of employees, annual revenue or both
• B) Small, early-stage, emerging firms and are deemed to have high growth potential
• C) All of the given options
• D) At initial stage and need funding to enter the market

---------- is a technique that helps determine the amount to be invested in various projects within an organization, based on the resources available and the value of the projects.

• A) Rationing Capital
• B) Research and Development
• C) Quantitative Research
• D) Qualitative Research

An organization deals in jewelry items and holds a good brand image. Taking in consideration the strength of brand loyalty it invested a huge amount on producing a luxury watch for its existing customer base. The organization launched the watch during COVID-19 pandemic when nation was going through an economic crunch and faced a complete failure. In your opinion which qualitative research dimension was neglected by the manufacturer?

• A) Role of Customer
• B) Role of Capabilities
• C) Project Timing
• D) Project Cost

ABC Company purchases a project of another business for the sake of investment. This project is at its initial stage and needs funding to enter the market; this provides an opportunity to ABC Company to invest in this potential project. The case represents which of the following methods to finance a project.

• A) Mutual Funds
• B) Government Grant and Loan
• C) Venture Capital
• D) Index Funds

Which of the following capabilities should be considered to make a project successful?

• A) Existing Capabilities
• B) All of the given options
• C) Competitors Capabilities
• D) Future Capabilities

While working on various projects when organizations face constrictions in allocating the financial sources they use which of the following methods?

• A) Quantitative Research
• B) Qualitative Research
• C) Rationing Capital
• D) Research and Development

When an organization/entity starts working on a project it needs various sources to finance that project. A source in this regard is

• A) A: Government Grants and Loans
• B) B: Venture Capital
• C) D: Both A and B
• D) C: Net Present Value

Collaborating can offer the following advantages EXCEPT:

• A) Sharing control over expertise
• B) Reducing asset commitment and increase flexibility
• C) Learning from partner
• D) Obtaining needed skills or resources more quickly

Which of the following is the form of protection granted to the creative work or work of authorship?

• A) Trade secret
• B) Copy right
• C) Patents
• D) Trademark

Net Present Value is calculated by:

• A) Taking the difference between the present value of cash inflows and present value of cash outflows over a period of time
• B) Taking the difference between present value of a sum of money and future value it will have when invested
• C) Taking the difference between the value of cash now and the value of cash at a future date
• D) All of the given options

When an organization goes for outsourcing the speed of the development remains ------- and the cost remains---------.

• A) Medium/High, Medium
• B) Low, Low
• C) High, Low
• D) Medium, Low

When an organization goes for solo internal development the speed of the development remains ------- and the cost remains---------.

• A) High, Low
• B) High, High
• C) Low, High
• D) Low, Low

Which of the following is the information of the business that is not known to others and is intended to be kept secret?

• A) Copy right
• B) Trademark
• C) Patents
• D) Trade secret