The Time Value of Money is a fundamental concept used in financial analysis. Explain why it is important for financial managers to understand and utilize the principles involved.
Provide an example that could be used to illustrate the concept to people who have not encountered the idea before.
Explain whether you consider it important for people generally to understand the concept of the time value of money as Saudi Arabia continues to move toward Saudi Vision 2030.
Search the Internet for an academic or industry-related article. Select an article that relates to these concepts and explain how it relates to doing business in Saudi Arabia.
For your discussion post, your first step is to summarize the article in two paragraphs, describing what you think are the most important points made by the authors (remember to use citations where appropriate).
Intellectual Property is the oil of the 21st Century” – Mark Getty. This statement holds true in today’s day and age. Intellectual Property is gaining importance at an exponential rate as the days go by. Today, intellectual property laws offer immense protection to the owners and their rights over such properties, in turn enabling them to commercialise such creations of their minds. Furthermore, some of the biggest businesses in the world, including the likes of Apple Inc. rely heavily on the protection offered by Intellectual Property Right Laws. However, there seems to be a lacuna as far as protection to non-conventional forms of intellectual property is concerned. This article sums the status of non-conventional trade marks in India and other jurisdictions. Non-Conventional Trade Marks and Graphical Representation Section 2(1)(zb) of the Trade Marks Act, 1999 defines trade mark as “a mark capable of being represented graphically and which is capable of distinguishing the goods and services of one person from those of others and may include shape of goods, their packaging and combination of colours.” Non-conventional trade marks have become the concern of creators fairly recently with the growth in use of innovative marketing and branding strategies. Non-conventional trade marks are those which are beyond the purview of the definition given in the legislation and originate from sounds, smells, tastes, textures, etc. While the legislation doesn’t explicitly exclude such trade marks, the use of the words “capable of being represented graphically” restricts the scope of the definition.>GET ANSWER