The likely challenges would be as below:-
There could be some producers who use similar technology or process in other states can find it against the free business spirit
Patents are state-defined but in fact, patents are usually provided at the national level
The state patent law can be against the national patents
The above situations could result in the loss of Georgian State as the patents are provided for a certain country, not for a cerain state
briefly answer. Georgia legislature passes a statute the provides some patent law for some types of product made...
Solar Designs is considering an investment in an expanded product line. Two possible types of expansion are being considered. After investigating the possible outcomes, the company made the estimates shown in the following table. The pessimistic and optimistic outcomes occur with a probablity of 25%, and the most likely outcome occurs with a probability of 50%. Expansion A Expansion B Initial investment $12,000 $ 12,000 Annual rate of return Pessimistic 11% 15% Most likely 23% 23% Optimistic 25% 21%...
Answer all the question 1. Warehousing provides time and place utility for three types of inventory (raw materials-semi finished items-stocks), allowing firms to provide customer service and optimize costs. Classify the factors affecting a company's decisions on the number of warehouses to be used, and give two examples. (6 marks) 2. The function of Warehousing aims typically to satisfy customers' needs and requirements while utilizing space, equipment, and labor effectively. Discuss the role of Warehouse operations in satisfying customers? (Minimum...
please answer all questions!
Suppose the federal finance minister wants to pass a law that would require all monopolistically competitive firms to operate at their efficient scale. If this law were to pass and be enforced, what would we expect would happen to monopolistically competitive firms? They would see their costs increase. They would have to lower their production. They would require subsidies to stay in business. They would have to exit the market. What does entry by new firms...
End of Chapter Quiz Answer True (T) or False (F): 1. Competition is protected by law in the United States. 2. In perfect competition, government regulates business activities. 3. Ina monopoly, one producer or seller has total control of the supply and price of a certain product 4. A patent protects an inventor's right to produce and sell a new invention 5. A copyright is an 6. Mos example of a technological monopoly. t businesses in the United States today...
DONT ANSWER THESE SAME QUESTIONS. I WANT NEW ANSWERS WITH AT LEAST 1000 WORDS EACH QUESTION. I WILL REPORT IF THEY ARE NOT UPTO THE MARK AND COPIED. Contrast the disadvantages of top-down budgeting and bottom-up budgeting. The main disadvantages of top-down budgeting are that: Significant errors may be made for low-level tasks, A lower level of budget acceptance is likely due to limited participation, and It provides little training opportunities in budgeting for junior managers. The main disadvantage of...
TRUE/FALSE ___1. A reference to “RCW 4.12.020" means that a statute can be found on page 12 of volume 4 of the Revised Code of Washington, part 20. ___2. The United States Congress has adopted one particular approach to ethics, and made it a part of the United States Code; all United States businesses must follow only those statutes in the United States Code, and are not allowed to determine what their businesses’ approaches to ethics will be. ___3. An...
Please read the article and answer about questions. You and the Law Business and law are inseparable. For B-Money, the two predictably merged when he was negotiat- ing a deal for his tracks. At other times, the merger is unpredictable, like when your business faces an unexpected auto accident, product recall, or government regulation change. In either type of situation, when business owners know the law, they can better protect themselves and sometimes even avoid the problems completely. This chapter...
Hospitality Law
Please answer all the questions.
Answering the questions in paragraph format instead of listing
the questions and answers. Use terms and applicable philosophies
from the chapter. You will be graded on the quality of your post
and on grammar and spelling.
WHAT You are the manager of a franchised, 90-room limited WOULD service hotel property located YOU DO? across the highway from 7 Flags, a major amusement park that is extremely busy in the summer. One of the...
Business Law I (Hypothetical #1) Narrative On the Start-Up Company "T87 Organ Synergies Inc Formation of the Company: 4 individuals (Roberto, Luisa, Huang Fu and working for different companies involved in the healthcare and/or biomedical fields. Tung transplant surgeon for a local hospital in Philadelphia: Luisa is a biomedical resca science lab in Maryland that employs 75 people: Huang Fu is a top salesman for Tirm in New Jersey; and Darlene is a health care administrator for a chain of...
read the scenario and answer these questions
Scenario A: Product Manager You work as an assistant product manager in Marketing. You make $85,457 per year. Your group is responsible for the launch of the Universe 2.0, a new breakthrough telephone which is critical to the company's success. You signed a contract with a small design company to come up with a sales brochure. This company's owner and sole professional is a single mother, and you know she is struggling to...