What is the term for something that is produced by the mind, such as a new invention, that has commercial value?

A) Identity-based property
B) Decision support systems
C) Knowledge information systems
D) Management information systems
E) Intellectual property


Answer: E. Intellectual property.
 

Explanation: E) Nearly every company faces the dilemma of protecting product plans, new inventions, industrial processes, and other intellectual property produced by the intellect or mind that has commercial value.

Business

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Radio frequency identification (RFID) is a technology that allows an object or person to be identified at a distance by means of radio waves.

Answer the following statement true (T) or false (F)

Business

Consumers who mistrust marketing research are more likely to ________

A) consider marketing research initiatives as genuine endeavors aimed at heightening customer satisfaction B) believe that marketers rarely use personal data to manipulate consumer behavior C) believe that the misuse of research findings is highly unlikely D) consider marketing research efforts, such as interviewing, intrusions on consumer privacy E) feel positive about being personally interviewed by marketers

Business

Invoices are documents prepared by a vendor and sent to the accounting department of its customers

Indicate whether the statement is true or false

Business

Which of the following is a true statement?

a. Asset-liability advocates are not prepared to tolerate a fluctuating income statement that may include unrealized holding gains and losses. b. Asset-liability advocates and revenue-expense advocates are polarized in part because the financial statements are non-articulated. c. Revenue-expense proponents are prepared to introduce deferred charges and deferred credits in order to smooth income measurement. d. With articulation, it is possible to have a revenue-expense-based income statement and an asset-liability-based balance sheet.

Business