INTRODUCTION TO ENTREPRENEURSHIP
ENTREPRENEURIAL PROCESS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Includes patents, trademarks, copyrights, and trade secrets. Represents important assets to the entrepreneur.
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Intellectual property
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patent
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copyright
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None of the above
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Explanation:
Detailed explanation-1: -Copyrights, patents and trademarks (collectively, “intellectual Property”) are examples of intangible assets; however, they may also be reported as current operating expense or as investments under certain circumstances.
Detailed explanation-2: -Patents, trademarks, copyrights, and trade secrets are valuable assets of the company and understanding how they work and how they are created is critical to knowing how to protect them.
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