MANAGEMENT

Detailed explanation-1: -A trademark identifies the source of goods, while a service mark designates the provider of a service. Despite the distinction, the term “trademark” is commonly used to describe both forms of intellectual property.

Detailed explanation-2: -Key Takeaways. A trademark is an easily recognizable symbol, phrase, or word that denotes a specific product. It legally differentiates a product or service from all others of its kind and recognizes the source company’s ownership of the brand.

Detailed explanation-3: -A service mark is similar to a trademark, but a service mark is used to distinguish the services of one company from another provider. It can be associated only with services and not goods or products. It is often slogans for a service provided by a company.

Detailed explanation-4: -A trademark (also written trade mark or trade-mark) is a type of intellectual property consisting of a recognizable sign, design, or expression that identifies products or services from a particular source and distinguishes them from others.

Detailed explanation-5: -The service mark symbol ℠ (the letters ⟨SM⟩ in small capitals and superscript style), is a symbol used in the United States and some other jurisdictions to provide notice that the preceding mark is a service mark. This symbol may be used for service marks not yet registered with the relevant national authority.