Chinese pirating of products is an external threat facing many firms.

Name: Chinese pirating of products is an external threat facing many firms.
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Question

Quizplus · Accepted Answer

Chinese piracy is a well-known and significant external threat that many firms face. This refers to the unauthorized production and distribution of counterfeit or copied products that are sold at lower prices than the original products, which causes a loss of revenue for the firms that own the intellectual property rights.

Chinese Pirating of Products Is an External Threat Facing Many