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When used in business practices, technology can ensure the competitiveness of companies and other companies. But the cost of achieving, inventing or using technology, called intellectual property, is very high. Therefore, many societies, such as the United States, Europe, and Taiwan, would give the government protection from this investment, through the granting of patent, exclusive rights. This protection enables companies to invest in technical costs that can be recycled, thus encouraging innovation. But there is another point, too, that patent overprotection can hamper innovation.
We may or might not exactly be aware of it but power generation, transmission and distribution is a commercial activity like any other manufacturing or service industry. Of course due to the very nature in the product, it appears under essential services which can be regulated closely by the government in many countries. Still the main motive of companies working with power generation and distribution would be to earn profit by selling that electricity. In this article we are going to find out about the meaning of tariff along with the several types of expenses associated with power generation.
In fact, Torossian and senior members of his team recently debated how much political talk ought to be allowed among 5W's 90 employees. They banned companywide e-mails meant for political candidates but decided that off-the-clock break room debates are just fine. Says Torossian, "People have a very right to express what they need, within reason."
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