Invention a new product - Study guides, Class notes & Summaries
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WGU Global Business D080|Latest Update Graded A+
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WGU Global Business D080 
Cost 
Economies of scale and scope. Exploiting cost of factors of production 
 
 
Competition 
New Markets and increased levels of trade 
 
 
Government 
Favorable policies and support for industry 
 
 
Subsidies 
A sum of money granted by the government to assist an industry or business 
 
 
Patents 
Protects inventions and improvements to existing inventions for a limited period of time in exchange for detailed public disclosure of those inventions 
 
 
Copyrights 
A ...
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BUSML 3250 Exam 3 Latest Update Already Passed
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BUSML 3250 Exam 3 Latest Update 
 
Already Passed 
 
product a good, service, or idea consisting of a bundle of tangible and intangible attributes 
that satisfies consumers' needs and is received in exchange for money or something else of value 
 
good has tangible attributes that a consumer's five senses can perceive 
 
nondurable good an item consumed in one or a few uses, such as food products and fuel 
 
durable good a good that usually lasts over many uses, such as appliances, cars, and 
...
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WGU D080 Q&A Graded A+ Latest Update 2023/2024
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WGU D080 Q&A Graded A+ Latest Update 2023/2024 
Globalization 
Worldwide interconnections in virtually every sphere of activity including the spread of products, technology, information, and job opportunities. Globalization can result in blurred boundaries between nations, organizations, and investors 
 
 
trade 
The action of buying and selling goods and services 
 
 
capital 
Financial assets such as funds but also equipment, facilities, and other means of production 
 
 
outsource 
To obtain...
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EEE 2023 Oklahoma State Final (Questions & Answers) Rated 100% Correct!!
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-pro forma balance sheet - -shows how a firms activities will affect its ability to meet its short term 
liabilities and how its finances will evolve over time 
10 K - -filing similar to annual report but more complex 
6 step process for obtaining a patent - 1. Make sure the invention is practical 
2. Determine the type of application to file 
3. Hire a patent attorney 
4. Conduct a patent search 
5. File a patent application 
6. Obtain decision from U.S. Patent and Trademark Office 
7(A) Loan G...
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PLTW - IED Final Exam| Questions and Answers, 100% Score| Updated 2024-2025
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PLTW - IED Final Exam| Questions and Answers, 100% Score| Updated 
Innovation 
An improvement of an existing technological product, system, or method of doing 
something. 
Invention 
A new product, system, or process that has never existed before, created by study 
and experimentation. 
Design Brief 
A written plan that identifies a problem to be solved, its criteria, and its constraints. 
The design brief is used to encourage thinking of all aspects of a problem before 
attempting a soluti...
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WGU D080 study for OA With Complete Solutions ACTUAL EXAM Q&A Graded A+ Latest Update 2023/2024
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WGU D080 study for OA With Complete Solutions ACTUAL EXAM Q&A Graded A+ Latest Update 2023/2024 
What is globalization? 
as international integration arising from the exchange of world views, products, ideas, and other aspects of culture. 
 
 
What is Culture Globalization? 
refers to the transmission of ideas, meanings, and values around the world in such a way that extends and intensifies social relations. 
 
 
What is Political Globalization? 
Refers to the emergence of an increasing number o...
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BUSML3250 Exam 3 Questions & Correct Answers | Latest Update |Already Graded A+
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product 
: a good, service, or idea consisting of a bundle of tangible and intangible attributes 
that satisfies consumers' needs and is received in exchange for money or something 
else of value 
good 
: has tangible attributes that a consumer's five senses can perceive 
nondurable good 
: an item consumed in one or a few uses, such as food products and fuel 
durable good 
: a good that usually lasts over many uses, such as appliances, cars, and 
smartphones 
Services 
2 | P a g e 
: intan...
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Technology Education Final Exam Questions and Answers Graded A+
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Technology Education Final Exam 
Questions and Answers Graded A+ 
 
What is the most significant result based on the development of windmills and water wheels? 
beginning of mechanical labor 
 
What event from the early 1900's had the most significant impact on the development of 
technology? the development of the assembly line 
 
Devices in the Information Age are used to process and exchange information. Which of the 
following devices does not communicate information as its primary function...
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CSU MKT 305 Exam 1 answers new year 2024 with complete solution
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After a company decides to go global what is there very next decision? - Answer-the next decision should 
be what is our level of involvement going to be? 
Customization - Answer-context of international marketing to a country-tailored product strategy which 
focuses on cross-border differences in the needs and wants of target customers, appropriately changing 
products in order for them to match local market conditions. 
International Levels of Involvement - Answer-Exporting 
Contractual Agreem...
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Sociology 101 Straighterline Final Exam Questions and Complete Solutions
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Sociology 101 Straighterline Exam Questions and Complete Solutions 
 
__________ involves aspects of social life that have to do with order, stability, and social organization that allow societies and groups to hold together and endure. - Answer: Social statics 
 
Herbert Spencer viewed society as a system, having important similarities with - Answer: a biological organism 
 
__________ refers to processes of social life that pattern institutional development and have to do with social change. -...
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