There are two primary reasons to conduct an intellectual property audit. First, it is prudent for a company to periodically determine whether its intellectual property is being properly protected.
The second reason for a company to conduct an intellectual property audit is to ________.
A) remain prepared for a Security & Exchange Commission spot inspection
B) remain prepared to justify its value in the event of a merger or acquisition
C) remain prepared for an initial public offering
D) update the value of its intellectual property on its balance sheet
E) make sure no intellectual property has been stolen
Question 2
Roddick suggested that you develop your entrepreneurial instincts by asking yourself all of the following questions below except ________.
A) What frustrates me the most when I try to buy something?
B) What product or service would really make my life better?
C) What makes me annoyed or angry?
D) What product or service would take away my aggravation?
E) What is a product that has no flaws?
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