Business week 6

.... is a concept referring to business activities that continuously improve all functions and involve all employees from the CEO to the assembly line workers.  ​

• Kaizen

• Benchmarking

• Training

..... is a process of measuring the performance of a company's products, services, or processes against those of another business considered to be the best in the industry.​

• Entrepreneurship

• Benchmarking

• Disruptive innovation

..... is the process of developing, organizing, and running a new business to generate profit while taking on financial risk.​

• Business plan

• Copyright

• Entrepreneurship

...... is important because intellectual property protection is critical to fostering innovation. Without protection of ideas, businesses and individuals would not reap the full benefits of their inventions and would focus less on research and development.​

• Protecting Innovation

• Copyright

• Trademark

..... refers to the innovation that transforms expensive or highly sophisticated products or services to more affordable and accessible to a broader population.​

• Disruptive innovation

• Protecting Innovation

• Entrepreneurship

..... is one of the main types of intellectual property. It allows the owner to protect against others copying or reproducing their work.​

• Trademark

• Copyright

• Brand loyalty

A ..... can be any word, phrase, symbol, design, or a combination of these things that identifies your goods or services. It's how customers recognize you in the marketplace and distinguish you from your competitors.  ​

• trademark

• brand

• patent

A .... registers your invention and lets you take legal action against anyone who makes, uses, sells or imports your invention without your permission.​

• copyright

• patent

• protecting innovation