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10 Pages Essays / Projects Year: Pre-2021

Explain the concept of IP. (3 marks) 2. Provide two (2) reasons why IP is important to a business. (2 marks) 3. Describe three different types of IP a business can use. (3 marks) 4. Explain how the use of IP protects political and economic interests. Use two (2) examples to support your explanation. (6 marks) 5. Explain the three (3) government influences that impact on business operation. (6 marks) Total = 20 marks PART B Use your answers to the research questions to prepare a report on the need for IP in Australia. Your report will focus on: 1. The importance of IP in Australia and the steps a business may take to use IP to protect its Intangible Assets from competitors. (10 marks) 2. How government influence may impact the use of IP in Australia. (10 marks) Note: Your report should be APA style report. I will give you an APA report format for your convenience. Possible headings for your report may include: · The concept of IP · Reasons for having IP · Strategies to protect Intangible Assets using IP · Economic factors that influence the use of IP. · Government influence on the use of IP. Total = 20 marks


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