Intellectual Property Can Best Be Described as

question 89

Multiple Choice

Intellectual property can best be described as

• A) intangible property created by individuals or corporations.
• B) unique creative work or ideas.
• C) tangible or intangible property created from a unique idea.
• D) the expression of an intangible idea.

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Definitions:

Financial Performance

An assessment of how well an organization manages its resources and commitments to generate income and ensure sustainability.

Inventory Turnover

A ratio showing how many times a company's inventory is sold and replaced over a specific period, indicating the efficiency of inventory management.

Cost-Benefit Ratio

A financial assessment tool that compares the costs of an action or project to its benefits, to determine its feasibility or value.

Leverage Ratio

A financial metric indicating the level of a company's debt in relation to its equity or assets.