Why some companies with short product life cycle

Assignment Help Operation Management

Reference no: EM13845304

There is a cost associated with patenting a product, and some companies produce more than one new product in a month. The products might have a short life (6 months to two years). Products with short life cycles normally are simple and easy to copy. There are some disadvantages for patenting these products, and this brings us to our discussion for this week.

Explain why some companies with short product life cycle prefer not to patent their products.

Reference no: EM13845304

Questions Cloud

Releases oneself from debt when leaving a partnership : Pietra Korda and Anna Kim were partners in a design business, K2 solutions. They operated the business in a building owned by the partnership. The partnership purchased the building with the proceeds of a loan from Commerce Bank of Brunswick, which h..

Standards of ethical supply management conduct : Pick two (2) items in the ISM Principles and Standards of Ethical Supply Management Conduct and IFPSM Code of Ethics and then explain how you could do better or improve on in your current practice. Explain the actions you might take when your company..

Why are decision makers often incorrect : Why are decision makers often incorrect? What are some ways individuals and organizations can improve their decision-making abilities? Site source

Decide how organizations can instil same ethical standards : Describe how organizations can overcome the geographic, cultural, and language challenges when seeking potential overseas suppliers. Give specific examples. Decide how organizations can instil the same ethical standards in overseas suppliers, especia..

Why some companies with short product life cycle : There is a cost associated with patenting a product, and some companies produce more than one new product in a month. The products might have a short life (6 months to two years). Products with short life cycles normally are simple and easy to copy. ..

Using strategic management models develop a strategy : Drake Enterprise LTD: Drake enterprise Ltd. is a manufacturing company in Washington DC, seventy five percent (75 %) of its raw material is imported from companies in china. Using strategic management models develop a strategy for drake enterprises L..

Carrolls global corporate social responsibility pyramid : Briefly discuss the four levels of corporate responsibility using Carroll's Global Corporate Social Responsibility pyramid. What is Scientific Management? Write the four principle of Scientific Management. What do you mean by stakeholders and explain..

Define ethics and values : Define Ethics and Values. What are four approaches to deciding ethical dilemmas? What might salary surveys have to do with pay discrimination? What can we do to avoid this problem? (This question relates to external surveys - not employee surverys.)

Process of management by objectives : Provide a brief statement explaining SMART goals and the process of Management by Objectives (MBO)?

User Account

All Pages