Business stay abreast of new developments in the industry

Assignment Help Operation Management

Reference no: EM132108226

1. Can someone please answer any pat of this question according to the FAIR test?

2. How can a new business stay abreast of new developments in the industry?

3. What were BYD’s operations objectives and how did these change?

4. Explain the difference between a Franchise Fee and an Impact Fee discussing one advantage of each policy mechanism.

5. Producers 1 and 2 compete as substitutes in product space. How would producer 1 rank the following scenarios, best to worst? Use a graph to discuss why.

i. Producer 1 has a patent with broad breadth and its competitor has a narrow patent.

ii. Producer 1 has a patent with narrow breadth and its competitor a narrow patent.

iii. Producer 1 has a patent with narrow breadth and its competitor has no patent.

iv. Producer 1 has a patent with broad breadth and its competitor has no patent.

Reference no: EM132108226

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