BUSINESS ADMINISTRATION
BUSINESS LAW
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Copyright
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Trademark
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Trade Secret
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Trade Dress
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Detailed explanation-1: -It is purported that the recipe of Colonel Harland sanders finger-licking is known to only 2 KFC executives. This is the amount of importance a trade secret carries which can make a business grown in billion dollars and also turn a billion-dollar business into a full zero.
Detailed explanation-2: -The formula for making Coca‑Cola is a trade secret. We have protected the special taste of Coca‑Cola for more than 130 years. Only The Coca‑Cola Company knows how to make Coca‑Cola. That way, when you buy one of our drinks, you can be sure you’re getting the same delicious and refreshing experience time and time again!
Detailed explanation-3: -Coca-Cola. The formula for Coca-Cola is one of the go-to examples of a trade secret. According to a company representative, the original formula is written on a piece of paper stored in a bank vault. Only “a small handful” of people know the formula at any time.