Explain two possible benefits to Love Wood LTD from having a patent. (7 Marks) A patent is an exclusive right granting the holder the right to be the only user or producer of a newly invented product or process for about 20 years. Having a patent means that Love Wood has a Unique Selling Point that uses a patterned effect wood‚ this means that Love Wood can charge premium price for their individually designed wooden toys which will mean that they will have an increase in revenue thus increasing
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* FOCUSED OR NICHE STRATEGY WHAT IS FOCUSED OR NICHE STRATEGY? * Focus strategy based on low-cost * Concentrate on a narrow customer segment beating the competition on lower cost * Focus strategy based on differentiation * Offering niche customers a product customized to their needs * Overall objective of both focus strategies is to do a better job of serving a niche target market than competitors * Keys to success * Choose a niche were customers have a distinctive
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Assignment 1 | Occupy Wall Street Movement | | | Some people say that the Occupy Wall Street movement mirrored the unrest and protest that defined an entire generation in the 60s and 70s. While the flower child movement of thirty years ago dealt primarily with the invasion of Vietnam and a war not supported by the American people‚ the Occupy movement was centered on economic inequality in the number one superpower in the world‚ the United States. Protestors participating in the Occupy Wall Street
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Can Hitler Happen Again? “Everything changed very quickly in 1933‚” says a survivor of the Holocaust. Suzan Strauss was a twelve year old girl when the Holocaust began. Adolf Hitler‚ was a very powerful man. He killed 6 million Jews‚ worked them to death. Hitler hated Jews‚ he irrationally blamed them for Germany’s defeat in world war I (1914-1918). It happened to a high school in California in April 1967‚ by a history teacher who was teaching them about Hitler and discipline. The teacher and
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Myer’s and David Jones’s niche markets Q1 What competitive advantage(s) do you think Myer and David Jones each have? Do you think‚ given your answer‚ that each chain’s strategy is appropriate? I think the David Jones’s strategy is probably the focus strategy which targeting on the upmarket‚ and case on Myer is just similar but it is aiming on the market of house-brand and mass market‚ which means that Myer is trying to differentiate the market from the one that was same as David Jones’s. The advantage
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structure and‚ if so‚ how to characterise this structure. Forms of community structure include aggregation and nestedness. Aggregation Overdispersion or statistical aggregation‚ where the variance of a distribution is higher than expected. Nestedness Nestedness is a measure of order in an ecological system‚ referring to the order in which the number of species is related to area or other factors. The more a system is "nested" the more it is organized. Habitat and Niche Habitat A habitat
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. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . How Can You Dispose of Excess‚ Unusable Acrylamide? . . What Is the Shelf Life of Acrylamide and Acrylamide
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Cells and Their Niche Elaine Fuchs‚* Tudorita Tumbar‚ and Geraldine Guasch Howard Hughes Medical Institute The Rockefeller University New York‚ New York 10021 Review The potential of stem cells in regenerative medicine relies upon removing them from their natural habitat‚ propagating them in culture‚ and placing them into a foreign tissue environment. To do so‚ it is essential to understand how stem cells interact with their microenvironment‚ the so-called stem cell niche‚ to establish and
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How Can Virtual Reality Improve Education? Virtual Reality is changing the way individuals view and interact with the world and it is not just for video games anymore. In the educational context virtual reality can enhance and successfully improve education. As a graduate student in Second Language Acquisition I am interested in exploring how virtual environments can be integrated in the language curriculum to aid and enhance students’ learning. The traditional language textbook has become an outdated
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Task 9 Explain how quality management can be measured. It is important to measure the quality goods and services provided by an organisation. By some measurement organisation can find out that the products or services are not in their best quality. It helps to management the each step has taken during the production to serve level. For specific production need additional material or inventory which are generally not be used‚ for sold goods service done because they need warranty repairs. Whereas
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