ITM 407 Study Guide - User Friendly

58 views3 pages

Document Summary

Read the article for a better understanding of the three types of intangible assets and answer the following questions: Describe the three types of intangible assets: individual competence, internal structures and external structures. Internal structure consists of patents, concepts, models, and computer and administrative systems. These r created by the employees & owned by the organization: the internal structure and the people together constitute what we generally call the organization Give examples of each of these that are of value to buckman in his business at buckmans labs. Individual competence can be used at buckmans labs in various ways, for instance at the forums for project teams, employees are able to share their expertise, educations & other skills in answering difficult questions posted there. Internal structure can be used at buckmans labs, for instance buckman trusts his employees to make products & have patents, copyrights attached to it so that other company"s cannot copy the same product design.