XYZ (Pvt) Ltd Case Study Essay Example | Topics and Well Written Essays - 1250 words

XYZ (Pvt) Ltd Case Study - Essay Example consort to the companys view, there ar many basic aspects to be referred and heap to be approached before the actual proceedings begin. At this juncture, the management can be advised by every aspect that they see the name and the knowhow are protected from being used by others. Since the scope of the scope of the increase is promising and profitable in the long run and also while considering its peculiar features, there seems every chance of this product get a hit on the sales chart shortly. Taking into account all the possible features and benefits of getting the brand name and the patent registered, there needs a detailed study in this regard while it is strongly recommended that the company go with statutory validation of their legally entitled right over this particular piece of intellectual property of Mr. Aimee. The finding Trademark enrollment and patent authorization move into under way to defend the strength of the original m akers of any product involving the investment of intellectual components. The very fact that the commercial world today has gained a saleable value for almost every human effort much to the relief of creative art lying in scientific development. A mover with a commercial intent, an artist with a monitory objective, or an organizer or producer of such events all come under the stakeholders of this wide web of intellectual property rights. In the absence of this right or the laws that enforce it and secure the creative achievers, the word business would not have its face today. According to certain clear information, patent of ownership of the intellectual property and its use can be protected by...In such cases, the need for obtaining registered identity recognition becomes requirement for the safety of the developers innovative ideas.ConclusionWhile considering the commercial value of the new product and its innovative effect in a trend place sales acquisition potential, the sta nd of the company at the moment is to be diverted and the management needs to be encouraged to file the application for the registration proceedings. When the details of studies on the importance of intellectual property registration as well as the trademark registration from both business and corporate genial responsibility angle, the company is bound to ensure that their product is not misconceived by the people in the future course of business. It is also recommended that M/s XYZ manifest with the legal protection of its software in order to boost the morale and dedication of employees of all business where they feel their enterprising skills are recognized and uphold by the owners. Above everything, the little strain the company will have to take during the registration process can prove worthwhile once the product gets a spot in the hit chart of software sales.