BU111 Lecture Notes - Lecture 12: Environment And Climate Change Canada
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Competitor: canada post, cbc- competing with private sector companies (fedex, ups) directly. Canada so government would not let that happen: do this to prevent monopoly, promote innovation- intellectual property rights, protects customers- hazardous products act, achieve social goals- universal health care, education, protect environment- canada water act, fisheries act. Provider of incentives and financial assistance: subsidies, tax breaks, support services for small and large businesses, research funding (promoting new, small businesses, bail outs. Provider of essential services: highways, armed forces, policy & fire department, hospitals, education. Essential services: barriers to entry, substitutes, suppliers, new entrants. Intellectual property rights: legal rights that result from intellectual activity in industrial, scientific, literary and artistic fields, grants exclusive rights to creator, most common types: patents, copyright, trademark. Do it so you can benefit from your creation. Word/words, symbol, design etc used to identify goods or service (nike swoosh, just do it: protection for 15 years, renewable, legislation= trade-marks act.