When firms sell their products overseas with little or no change to the products, they may increase the expropriation of intellectual property and increase the risk of piracy. This is considered a serious disadvantage when pursuing a(n) ________ strategy.

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19-04-2022
Business

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When firms sell their products overseas with little or no change to the products, they may increase the expropriation of intellectual property and increase the risk of piracy. This is considered a serious disadvantage when pursuing a(n) ________ strategy.

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samuelonum1 samuelonum1 · Answer 1 · 2022-04-29T17:21:18+02:00

Is it often considered a disadvantage when pursuing a business Intellectual property.

What is Intellectual property?

Intellectual simply put is defined as the right a person or business has over tangible items or intangible ideals.

The types of intellectual property rights are

Patents
Trademarks
Copyrights
Trade secrets

Learn more about iIntellectual property here:

https://brainly.com/question/1078532

Intellectual property is owned and legally protected by a person or company from outside use or implementation without consent. Intellectual property can consist of many types of assets, including trademarks, patents, and copyrights.

Intellectual property (IP) refers to creations of the mind: inventions; literary and artistic works; and symbols, images, names and logos used in commerce. Businesses are often unaware that their business assets include IP rights.