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Outsourcing is a practice that companies use to externalize parts of their business to an outside partner or partners. By outsourcing, companies can gain cost advantages as well as increased sales opportunities,
Management of Outsourcing In Startups
Outsourcing is a practice that companies use to externalize parts of their business to an outside partner or partners. By outsourcing, companies can gain cost advantages as well as increased sales opportunities, access to new expertise, lower annual costs, and more time to focus on core business strategy. It can also provide competitive advantages. It can be viewed as the practice of converting fixed costs to variable costs. By outsourcing certain manufacturing and production, a company can then focus on activities closer to its customers.
Benefits
The main benefits are-
An increase in competitive advantage through cost reductions.
The motivation to focus on core activities.
Access to knowledge and resources in the suppliers market.
Suppliers can produce cheaper goods and services through the economics of scales because they have much of their capital invested in machinery and other fixed assets. The company requires less investment in machinery and warehousing and can also employ fewer people.
Trademark Certification Consultants in India
"What Is a Trademark?
A trademark is a unique symbol or word(s) used to represent a business or its products.
Once registered, that same symbol or series of words cannot be used by any other
Trademark Certification Consultants in India
"What Is a Trademark?
A trademark is a unique symbol or word(s) used to represent a business or its products.
Once registered, that same symbol or series of words cannot be used by any other organization,
Trademarks are protected by intellectual property rights.
Who can apply for Trademark Registration?
Any person or an entity which claims to be proprietor of a Trade mark can file a Trade mark application in respect of desired specification of goods or services.
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What is the validity for the trademark in India?
The registration of a trademark is valid only for a period of 10 years.
It can be renewed from time to time.
What are the 3 types of trademarks?
Different Types of Trademarks
Descriptive Trademarks;
Merely Descriptive Trademarks;
Generic Trademarks;
Can I sell or transfer my trademark?
Yes, Trademark is an intellectual property.
You can also sell, transfer, gift or franchise to any other person.
Is trademark transferable?
Trademark Assignment is a way to legally transfer the trademark rights of the original owner to the person or company interested in obtaining the rights.
It refers to the legal transfer of proprietary rights over products and services.
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