1. What is the economic advantage to a trade secret? Please explain why. 2. Of the three valuation methods for an i...

Question

Question

1. What is the economic advantage to a trade secret? Please explain why. 2. Of the three valuation methods for an intangible

Add a comment Improve this question Transcribed image text

Answer 1

Answer #1

As per policy, only one question is allowed to answer at a time, so answering Q1 here :

1) A trade secret is any activities or practice or process undertaken by a company which provides an edge over its competitors and in economic benefits.

For example : The trade secret for Coca-Cola, which is supposed to be in a locker, is the Formula/distinct element for making its product.

The trade secret is generally not allowed to be known to outsider as the associated information gives many economic advantages like:

1) A leading power over its competitors

2) The internal management/ employee’s confidence to perform

3) the research and development work

4) The higher Sales revenue and margins.

5) The leader performer in the market.

6) An intellectual property which has market value.

================

Add a comment

Answer 2

Similar Homework Help Questions

1. What is the economic advantage to a trade secret? Please explain why. 2. Of the...

1. What is the economic advantage to a trade secret? Please explain why. 2. Of the three valuation methods for an intangible asset discussed in the chapter, which one would you use and why? 3. Regarding Stock Price, explain how it is set at the time of company formation. Describe the key factors that influence stock price before IPO 4. Regarding Stock Price, explain what dominates stock price after IPO. 5. How are the changes in the market price of...
What do current economic data tell us about the health of the economy? Assess the current...

What do current economic data tell us about the health of the economy? Assess the current health of the U.S. economy by evaluating the key economic indicators that we have looked at in this course. How close is the overall economy to potential GDP and the natural rate of unemployment? The relevant economics statistics include the growth rate of real GDP, the unemployment rate, and the inflation rate at a minimum. You are encouraged to discuss and evaluate other economic...
Chapter overview 1. Reasons for international trade Resources reasons Economic reasons Other reasons 2. Difference between...

Chapter overview 1. Reasons for international trade Resources reasons Economic reasons Other reasons 2. Difference between international trade and domestic trade More complex context More difficult and risky Higher management skills required 3. Basic concept s relating to international trade Visible trade & invisible trade Favorable trade & unfavorable trade General trade system & special trade system Volume of international trade & quantum of international trade Commodity composition of international trade Geographical composition of international trade Degree / ratio of...

(1) Imagine you want to change someone's attitude on what car to purchase. Describe how you would (2) In the Yale Attitude Change approach, there are three u wantedcomponents to attitude chan...

(1) Imagine you want to change someone's attitude on what car to purchase. Describe how you would (2) In the Yale Attitude Change approach, there are three u wantedcomponents to attitude change. form your arguments if you Chapter 7 to use central and peripheral routes Identify and describe these three of persuasion. Which type of persuasion would lead to long- lasting attitude change? parts of the model. Then state the major criticism of this model. (3) After the Milgram study,...
6) Which of the following statements concerning the constant-growth dividend valuation model is (ar) correct 1....

6) Which of the following statements concerning the constant-growth dividend valuation model is (ar) correct 1. One simple method of estimating the dividend growth rate is to analyze the historical paltem of dividends II. The expected total return equals the return from capital gains plus the return from dividends TIL. The model is applicable to growth firms with initially high growth rates. IV. The intrinsic value calculated using this method can change from one investor to another if their risk-return...
How would calculate these questions? With it being on a word document not on excel. w...

How would calculate these questions? With it being on a word document not on excel. w 5 year di struct a table We stock price at Y in the perpetual growth a rale nel Grup to find out she cock price in ith price ralio vale divided by the tan stock price. Suppo to . Assume that a perpetual growth rate of 5 percent begins 11 years interpolate herween the high growth rate and perpetual growth rate shows the dividend...

Question: 1. An economic advantage of a business combination includes Acquiring duplicative assets Creating redundant management...

Question: 1. An economic advantage of a business combination includes Acquiring duplicative assets Creating redundant management teams Coordinating marketing campaigns Duplicating integrative marketing chains QUESTION 2 The consolidation process is performed each year since the entries are recorded in the journal and ledger only by the parent company each year since the entries are recorded in the journal and ledger only by the subsidiary company each year since the entries are recorded in the journal and ledger by both the...
I need Summary of this Paper i dont need long summary i need What methodology they used , what is the purpose of this...

I need Summary of this Paper i dont need long summary i need What methodology they used , what is the purpose of this paper and some conclusions and contributes of this paper. I need this for my Finishing Project so i need this ASAP please ( IN 1-2-3 HOURS PLEASE !!!) SPECIAL ARTICLES tole of Monetary Policy C Rangarajan What should be the objectives of monetary policy? Does the objective of price stability conflict with the goal of achieving...
QUESTIONS 1. What is a conceptual framework? Why is a conceptual frameworke ry in financial accounting?...

QUESTIONS 1. What is a conceptual framework? Why is a conceptual frameworke ry in financial accounting? 2. What is the primary objective of financial reporting? 3. What is meant by the term qualitative characteristics of accounting informat "? 4. Briefly describe the two fundamental qualities of useful accounting information 62 Chapter 2 Conceptual Framework for Financial Reporting 5. How is materiality for immateriality) related to the proper presentation of financial statements? What factors and mesures should be considered in essing...

On page 334-335 there is a feature entitled - Institutions in Action. Why Did Asia Industrialize Faster than Lati...

On page 334-335 there is a feature entitled - Institutions in Action. Why Did Asia Industrialize Faster than Latin America?] Page 335 of the feature has three questions, you can to respond to any one of the three but please pick just one. It should be about one page long Cite two source. UN HD INSTITUTIONS IN ACTION Why Did Asia Industrialize Faster than Latin America? ecades on the produd middle The rise of Asia over the past four decades...

1. What is the economic advantage to a trade secret? Please explain why. 2. Of the three valuation methods for an i...

Homework Answers

Add Answer to:
1. What is the economic advantage to a trade secret? Please explain why. 2. Of the three valuation methods for an i...

Post as a guest

Earn Coins