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3 years ago

What is the problem with companies pursuing patents specifically to hinder, or prevent, competition?

1 answer:

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Answer:According to the article, when companies earn patents specifically to prevent competition, it hinders the innovation of products that might actually be better. For instance, Bruce Nolop describes how his company had to pay more attention to the "minefield of existing patents than on the expected value that we could bring to customers." Rosabeth Moss Kanter suggests a "use it or lose it" solution to this problem. She thinks that a company that patents an item would be forced to use the patented idea or product or risk losing the patent. This idea would encourage more competition and prevent patent abuse.

Explanation:

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What is an external force that affects businesses? motivated employees motivated employees advances in technology advances in te

yanalaym [24]

A company or organization has minimal influence over external factors, such as governmental policy, technology, and market conditions.

External factors:

Things outside of a firm that affect its success are known as external factors. They may have a beneficial or negative effect. Its only option is to respond to them by taking actions that will support its continued prosperity.
Situational factors, often referred to as external factors, are influences that come from outside of the individual, such as the surrounding circumstances and people. Situational factors include things like your surroundings, your place of employment and education, and your neighbors.
Numerous internal and external elements, including society, family, loved ones, ethnicity, race, culture, geography, opportunity, media, interests, appearance, self-expression, and life events, have an impact on identity creation and progression.
Therefore, technological advancements would be considered an external factor.

Learn more about external factors here brainly.com/question/20382185

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5 0

2 years ago

When companies try to entice customers to make purchases by offering special incentives or excitement-building programs, includi

stealth61 [152]

Answer:

Sales Promotion

Explanation:

The method of order to persuade a potential client to purchase the product is sales promotion.

Sales promotion is meant to be used as a short-term tool to boost sales – as a means of creating long-term customer loyalty, it is rarely acceptable.

Many offers for sales are intended for customers.

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3 years ago

PLEASE HELP ME My career is a traveling nurse

Damm [24]

Answer:

Step by step explanation

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3 years ago

Suppose you own 50,000 shares of common stock in a firm with 2.5 million total shares outstanding. The firm announces a plan to

Ivahew [28]

Answer:

20,000 ; $117.5 million; $2,350,000; $1678500; $1,078,500

Explanation:

Given the following :

Number of common stock shares owned = 50,000

outstanding shares = 2.5 million

Additional shares = 1 million

Market value of stock before rights offering = $35

Net stock price for existing shareholders ($5 discount) = $(35 - 5) = $30

A.) If you exercise your preemptive rights, how many of the new shares can you purchase?

Number of stocks / (outstanding shares ÷ additional shares)

[(50,000) ÷ (2.5 ÷1)] = 50,000/2.5 = 20,000

B.) b.What is the market value of the firm after the rights offering?

(Outstanding shares * market price) + ( additional shares * discount price)

(2.5million * $35) + (1 million * $30)

$87.5 + $30 = $117.5 million

C.) What is your total investment in the firm after the rights offering?

(stock shares held before offering * market price) + ( new shares that can be purchased * discount price)

(50,000 * $35) + (20,000 * $30)

1750000 + $600,000 = $2,350,000

D.)

Number of common stock shares *new market value after Issuance

New Market value after Issuance :

Market value of firm after offering / (outstanding + additional shares)

$117,500,000 / (2.5+1)million

$117,500,000 / 3,500,000

= $33.57

50,000 * $33.57 = $1678500

11)

Revenue from right sale :

Number of right shares * discount price

20,000 * $30 = $600,000

Value of proceed :

$1678500 - $600,000 = $1,078,500

7 0

4 years ago

Which of the following is NOT a typical strategy for firms to obtain benchmarking data about other companies?a. Hiring former em

Paha777 [63]

Answer:

a. Hiring former employees from other companies and assessing their knowledge.

Explanation:

"Benchmarking" is a process conducted by a company when it wants to compare its performance with other competitors. In order to do this, the company needs to look into specific metrics and approaches in order to analyze their company's operation and how well it does compared to others.

Hiring former employees from other companies and assessing their knowledge is not a typical/common strategy in order to obtain benchmarking data. Not many companies would like to rehire and if they ever do, it will be hard to use the benchmarking data since the former employee's company might be totally different from yours. Remember that competitive benchmarking is only done when you want to compare with your competitors in the same field of business.

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3 years ago