What is intellectual property? Discuss the procedures of obtaining patent rights in Nepal.

Intellectual Property and Patent Rights in Nepal

Intellectual Property and Patent Rights in Nepal Intellectual Property (IP) refers to the legal rights granted to individuals or organizations over their creations of the mind. These rights protect original works, including literacy and artistic works, symbols, names, images and inventions to exclusive use and control over the sale and distribution of their creations. The … Read more

Explain the concept of intellectual property with its different types.

Intellectual Property and Its Types

Intellectual Property and Its Types Intellectual Property (IP) refers to the legal rights granted to individuals or organizations over their creations of the mind. These rights protect original works, including literacy and artistic works, symbols, names, images and inventions to exclusive use and control over the sale and distribution of their creations. The types of Intellectual … Read more

Define patent rights. Discuss the procedures of obtaining patent right in Nepal as mentioned in patent, Design, and Trade Mark Act 2022.

Patent Rights and Registration in Nepal

Patent Rights and Registration in Nepal A patent is a form of rights to an investor granted by the government to gain material benefits from an invention for a limited time. It is a special right granted by the government for the creation of an invention. The procedures of obtaining patent rights in Nepal as … Read more

What is risk management? Explain insurance as a tool to mitigate the risk.

Risk Management Through Insurance

Risk Management Through Insurance Risk management is the process of identifying, assessing, and reducing potential risks that can affect a business or individual. It helps in minimizing losses and ensuring smooth operations by taking preventive measures. One effective way to manage risk is through insurance, which provides financial protection against unexpected events. Here’s how insurance … Read more

As a successful entrepreneur of Nepal, you are planning to enter into the international market. Regarding this, explain the entrepreneurial entry strategies in the global scenario.

Global Entry Strategies for Entrepreneurs

Global Entry Strategies for Entrepreneurs Expanding into the international market requires careful planning and strategic decision-making. Entrepreneurs must choose the right approach to enter and compete effectively in the global business environment. Here are some key entrepreneurial entry strategies: 1. Exporting – It is the simplest way to enter a foreign market by selling products … Read more

Explain the equation Contract = Agreement + Legal obligation. What are the essential steps in the formation of a contract?

Contract Formation as Agreement and Legal Duty

Contract Formation as Agreement and Legal Duty A contract is a legal agreement between two or more people. It is not just an agreement; it also comes with legal responsibility for both parties and it has two main parts: Agreement: This happens when one person makes an offer, and the other person accepts it. Both … Read more

Approaches to Handling Grievances in Organizations

Approaches to Handling Grievances in Organizations

Question: Grievances are usual to occur in every organization, so what different approaches can be adopted to handle grievances? Explain. Answer: Grievances are a natural part of any workplace, as people with different backgrounds, expectations, and personalities come together to work. How an organization handles these grievances can make a significant difference in maintaining a … Read more

Explain the strategies of new entry exploitation with appropriate examples.

New Entry Exploitation Strategies

New Entry Exploitation Strategies New entry refers to the process of offering a new product to an established or new market or offering an established product to a new market. It also involves creating a new organization. New businesses need smart strategies to enter a market and compete successfully. Here are some simple ways entrepreneurs … Read more

Workplace Grievances: A Common Challenge for Management in Nepal

Workplace Grievances: A Common Challenge for Management in Nepal

Question: Do you think grievances in the workplace are common issues for management in the organization? Explain with reference to the Nepalese context. Yes, workplace grievances are indeed common issues for management in organizations, and this is true even in the context of Nepal. Workplace grievances refer to the concerns, complaints, or dissatisfaction that employees … Read more

What are the sources of new ideas? How does an entrepreneur generate new ideas? Explain with examples.

Sources and Generation of New Ideas

Sources and Generation of New Ideas Entrepreneurs constantly seek new ideas to create innovative products and services. These ideas come from various sources and are developed using different techniques. Some of the sources of new ideas are as follows: 1. Customers – Customers are the heart of any business, and their preferences keep changing. Businesses … Read more