What Is Intellectual Property (IP)

question 16

Multiple Choice

What is intellectual property (IP) ?

• A)Proprietary knowledge created through mind and intellect that is a valuable asset to the business
• B)Stealing ideas for the business
• C)Knowledge,skills and attitudes only business employees have
• D)Using four intellectual thoughts in the business

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Definitions:

Transactional Model (Deetz)

The Transactional Model by Deetz is a communication theory that highlights the exchange of messages or information between sender and receiver, where both parties continuously exchange roles and meanings are collaboratively constructed.

Organizational Identity

A concept that captures 'who we are as an organization', reflecting the collective beliefs, values, and principles that are shared among members of the organization.

Quarterly Earnings

The financial performance report of a company released every three months, indicating the net income, or earnings, achieved during that period.

Workforce

The group of people who are employed in a company, industry, country, or are available to work.