Avoid unclear definitions. If the confidential information to be protected by the NDA is defined as something like any and all potentially sensitive data.Consult a non-disclosure attorney before signing to help identify potential exposures and downsides you may not have…   Read more»

A severance agreement is a contract that an employer may ask an employee to sign when they are terminated from a job. It is often offered in exchange for an employee’s release of their claims against the employer. A release…   Read more»

A patent is a piece of paper. Patents represent rock-solid proof of ownership of an idea. And this is important because an idea is intangible. It’s not something you can feel or touch. An NDA is a legal contract or…   Read more»

Ina matrix, employees have more than one boss and work on multiple teams. This leads to multiple streams of goals that compete for time and attention. Resources are shared more widely across the organization and this can create competition for…   Read more»

The matrix structure is a fluid form of the classic hierarchical structure. This centralized organization structure allows employees to move from one department to another as needed. Supervisors have the flexibility to choose the best employees for a project. It…   Read more»

The hierarchical structure, also know as a line organization, is the common type of organizational structure. I feel like this one is better for a business because it defines reporting relationships, project organization and division of authority. It details your…   Read more»

Some mistakes of risk management are ignoring opportunities. Project managers are human. Like most other humans, they often associate risk with bad things. Even highly trained managers ignore the possibility that an opportunity can come from a risk event.  Successful…   Read more»

A risk-benefit analysis is a comparison between the risks of a solution and its benefits. It’s used to figure out whether a course of action is worth taking or if the risks are too high. People do this in their…   Read more»

There are 4 types of risk management. Risk management is not about the elimination of risk. Risk ca benefit businesses by creating productive opportunities, and risk management can increase efficiencies in administrative systems in a way that delivers improvements throughout…   Read more»

Design controls are practices required by the FDA to facilitate a structure design and development process for medical devices. There are many checkpoints put in place to ensure the device is safe and effective when its taken in the market….   Read more»

A controls design fabricates control systems for machines and equipment such as robots, conveyors, and the likes. They design how conductors, relays, and other components of devices are arranged and linked. Also, they determine how the cables of robots, robot…   Read more»

Verification is the process of checking that a software achieves its goal without any bugs. It is the process to ensure whether the product that is developed is right or not. It verifies whether the developed product fulfills the requirements…   Read more»

Ethics in clinical research are emphasized for many reasons. Not only do ethical strategies ensure the integrity of the research results, but they also protect the safety of patients who volunteer to participate in the trials. And ethical parameters help…   Read more»

When undertaking a clinical trial, the two major models that one can use are the single blind and double blind trials. In a single blind study, the participants in the clinical trial do not know if they are receiving the…   Read more»

Randomization, in which people are assigned to groups by chance alone, helps prevent bias. Bias happens when a trial’s results are affected by human choices or other factors not related to the treatment being tested. It differs from a blinded…   Read more»

Participation is a critical part of marketing mix. Brand interaction with existing and potential consumers is not just part of a marketing mix, it’s required to maintain brand relevancy. Never before have brands been able to be this close to…   Read more»

I’m not a business owner, however I strongly think that someone needs to market their product well before selling it. Marketing helps build awareness and attracts leads to your business. Marketing focuses on reaching an audience, the sales deals more…   Read more»

The four Ps of marketing are the key considerations that must be thoughtfully reviewed and wisely implemented in order to successfully market a product or service. They are product, price, place, and promotion. I feel like people who own a…   Read more»

As with other forms of partnership, the LLP business is responsible for the debts and obligations of the LLP. This includes responsibility for the tortious actions of any partner, employee, or other agent of the business.Overall, it is the flexibility…   Read more»

Both limited liability companies (LLCs) and limited liability partnerships (LLPs) combine aspects of corporations and partnerships. Differences between the two business structures include management requirements, liability protections, liability insurance obligations, and tax benefits. In the debate of LLP vs LLC,…   Read more»