What are the different types of patents?
What will be an ideal response?
The different types of patents are as follows:
• Design patents: These are granted to protect new and original designs of an article of manufacture.
• Plant patents: These are granted for the creation or discovery of a new and distinct variety of a plant.
• Utility patents: These are granted for the invention of a new and useful process, machine, article of manufacture, or composition of matter.
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________ is a systematic approach to identify and quantify the best practices in an organization in order to make improvements in effectiveness and efficiency.
A. Planning process model B. Total quality management C. Customer retention model D. Customer relationship management
Discuss the results of the study by Loh and Mian as they relate to the importance of earnings forecasting.
What will be an ideal response?
Which statement concerning retailing is correct?
a. Retailing activities cannot be performed by wholesalers. b. It is the last stage in the distribution process. c. All retail activities are store-based. d. A lawyer purchasing stationery for use in his/her office is an example of retailing.
Estimates based on the assumption that historical data can be used as a frame of reference for current estimates are:
A) Comparative estimates. B) Ballpark estimates. C) Definitive estimates. D) Feasibility estimates.