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Product Development Policy
Meaning of Trademarks
Importance of Trademarks to Businesses
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A
trademark
establishes an identity/
reputation
for products
A registered
trademark
protects businesses against
competitors
who sell similar products
A well known
trademark
helps to make a brand
instantly
recognisable
Offers a degree of
protection
because branded products can be traced back to the
manufacturer
Businesses can use
trademarks
to market/
advertise
their products