There are different ways to legally protect intellectual property. Three of the most well known ways of doing this is the copyright, the trademark, and the patent. Each of these protects different types of intellectual property and each works differently. It is understandable that those who create something new don’t want others to come along and steal their ideas. Intellectual property law can be very complicated though, and this is why it requires skilled legal experts to ensure protection.
The best way to sell an item will always depend on what it actually is. For example, the best way to sell nutritional supplements can differ from the best way to sell new cars. Of course, some people will be selling both services and products and so they can use a variety of approaches; they will also usually try to combine services and products into a package to make them more attractive. It is generally considered that services marketing is a bit tougher than product marketing and this is why a unique approach is called for.
Raising a child is expensive. In many countries around the world there is the expectation that the responsibility of raising their children falls on both parents. Even where the parents are not together there may be legal responsibilities to ensure the child’s welfare. In a lot of places there will be the requirement that absent the absent parent provides some type of child support. In fact the 1992 United Nations Convention on the Rights of the Child stipulates that all members of the UN should guarantee this support. It may even be that a parent living with the child might be obligated to pay this money in some situations.
Business ethics has been a hot topic in recent years following the last economic meltdown. There has been a lot of soul searching among many in the business community and it seems that business ethics is more important than ever. This is a subject that is taught at university but it is increasingly a topic of interest to non-academics as well. Business decisions can have a huge impact on the life of people so it is viewed as vital that there is some type of morality in the process. There have been many great books written on this topic and here are just five of the best of them.
When a customer orders a product there can often be a delay before they actually receive it. For instance if a buyer goes onto Amazon and purchases a book they won’t receive it right away. It can take a few days to get to them and this is referred to as the lead time. In simple terms then it is the difference between the order of a product and its final delivery. This delay can be very short or it could take months if the product involves a complicated assembly.
Sometimes we need to get our hands on cash in a hurry. This can not only be important for the individual but also for a business. Most of us will have different assets at our disposal, but it is not always possible to turn these into cash when we need to. Those assets that we can easily covert into currency are referred to as liquid assets. These also will usually be an asset that can be converted into money without any significant loss within a period of 20 days. For instance, you would probably have no problem turning your home into cash quickly if you dropped the price low enough, but this doesn’t really mean that the asset is liquid.
If things don’t work out as you plan what are you going to do? With a bit of luck you will have a backup plan, and if you don’t then you might be in big trouble. When we make plans we always hope that things will work out as we expect. It doesn’t always happen like that and so it pays to plan for the worst. A contingency plan then is a backup plan that we can turn to when things start to go wrong. All successful companies will have a contingency plan; in fact they will likely have many for the different aspects of the business.
Sometimes borrowing money can be difficult. Creditors might be afraid to touch us if we have no real credit history. We can appear like too much of a risk. This is where a guarantor comes into the picture. Having one of these people in our corner can greatly increase our chances of getting a loan. Of course it is not always easy to find such a useful personage; especially one that the bank will be willing to accept.