Define and contrast critical information, proprietary information, and intellectual property
What will be an ideal response?
Critical information: all forms and types of financial, business, scientific, technical, economic, or engineering information, including data, plans, tools, mechanisms, compounds, formulas, etc. If the owner has taken reasonable measures to keep such information confidential, the information derives independent economic value.
Proprietary information: virtually any information belonging to an individual or organization.
Intellectual property: information created through research and development, such as chemical formulas, software designs, and unique processes and procedures.
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