Topic: EconomicsInvestment

Last updated: March 23, 2019

Analysing the strengths in the organization helps to indentify the internal features and resources which is a base foundation to the business outcome. Identifying the strengths allows organization to understand in which way the business excelling is compared to their competitors. Patent is an aspect of the organization strengths.

Patents are a mechanism which grants their holders the rights to sue alleged invaders. A patent is referring as a license which barred others from reproducing the exact outcome in certain process in a period of time which the patents remains in force. Patents ensure the Nestle’s organization to hold legal rights of ownership of the invention in their products. The patents normally required when appealing for investment. The patent is a form of protection of nestles organization’ products during the time patent application is exist. These resulted into creation a strong brand name for the Nestle’s organization.

We Will Write a Custom Essay Specifically
For You For Only $13.90/page!

order now

It increases the recognization of the public toward the products of the organization. The professional logo which is patents under the organization be memorable and gives good impressions among the customers. It’s too creating a credibility and trust among the customers and inventors. Creating a positive reputation ensures in attain potential customers, maintain existing customers and be an essential to the endurance of the organization. These enhance the different of the Netless product in hectic competitive markets in an optimum pricing and evolve into a topmost choice among customer over other competitor.


I'm Piter!

Would you like to get a custom essay? How about receiving a customized one?

Check it out