A trademark that has received exclusive legal protection, such as McDonald's Golden Arches, is a trademark.
<h3 /><h3>What is a Trademark?</h3>
It consists of a form of identification of a brand, either by its design, slogan or way of manufacturing, which has been duly registered, becoming an intellectual property, being an instrument of identification and differentiation of the brand from its competitors.
Therefore, a trademark helps to protect a company, in addition to being an instrument used to strengthen marketing, creating value and recognition for the brand.
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Answer:
E. the product is not compatible with existing habits
Explanation:
Looking for a greater sale of our products, sometimes we embark on monumental battles, trying to modify the way customers see the world.
However, experience indicates that this rarely happens. And when it happens, it is because there have been millionaire investments in media and product tests to try to convince a small part of the population to change their behavior.
Especially for entrepreneurs with limited resources, trying to change consumption habits is a long-term effort. It is necessary to invest significant resources to stimulate demand, which is also likely to end up benefiting competition equally.
You are incentivizing a new product category, in which new players will want to participate, once you have made the investment to educate the market. So you must prepare to get the most out of your effort.
The bank’s excess reserves are $6 million.
The required reserve ratio is 8%. It means that banks should keep 8% in their deposits as required reserves. The bank has a deposit of $50 million. It means it has to maintain only $4 million(50×0.08 )i.e 8% of 50 million, as a required reserve. Excess reserves are the reserve, over and above required reserves. If overall reserves are 10 million and required reserves are only 4 million then excess reserve =6 million (10 -4)
The reserve ratio is the portion of reservable liabilities that business banks must keep onto, rather than lend out or invest. this is a requirement decided with the aid of the country's primary bank, which in America is the Federal Reserve. it is also known as the cash reserve ratio.
A reserve assets ratio for a bank which units the minimal liquid reserves that a bank ought to hold in the event of a sudden boom in withdrawals. A high reserve property ratio may limit the lending that a bank is able to do – it must maintain better amounts of cash.
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An organization gains a competitive advantage when it is able to do any one item, process, function, or other activity more effectively and or efficiently than other organizations operating within the same industry segment or, in certain situations, throughout the whole industry.
This is further explained below.
<h3>What is
a competitive advantage?</h3>
Generally, The advantageous position that a firm strives to achieve in order to be more lucrative than its competitors is what is known as a competitive advantage.
In the world of business, a competitive advantage is a quality that enables a company to achieve a higher level of success than its rivals.
In conclusion, When an organization is able to perform any one item, process, function, or other activity more effectively and or efficiently than other organizations operating within the same industry segment or, in certain circumstances, throughout the entire industry, that organization gains a competitive advantage.
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Complete Question
management information systems allow managers to build upon an organization’s existing strengths to create
elastic demands.
competitive advantages.
SWOT analyses.
barriers to entry.
Answer:
10 PROPERTIES, VALUES AND IMPORTANCE OF RELATIONSHIP MARKETING
1. trust
2. commitment
3. communication
4. keeping promises
5. shared values
6. cooperation
7. concern
8. service
9. experience
10. advocacy
❤❤❤
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