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“We’re obviously delighted to be featured in Love Your Home and Garden. It’s very pleasing to be recognised as a leading provider of aluminium windows and doors – but it’s just as satisfying to be supporting good people going through hard times.
Price means the interest rate of which the merchandise can be bought. A number of factors are involved in determining the price tag on a product. These include competition, business, product identity, material costs as well as the value customers perceive of something. In fact cost is also driven by competitor's products. If the competitors have similar product, then the cost of something will go down.
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.
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