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Worksheets

Sm unit 2

Total questions: 13

Worksheet time: 7mins

Name
Class
Date
1.

It refers to assets that result from activities of the mind. These properties may be product of purposive research like outcomes of person’s ingenuity, brilliance, and creativity, or may just be discovered accidentally.

a)

Intellectual property assets

b)

System software

c)

Application software

d)

Organizational monopoly

2.

It includes all service marks, trade names, designs, logos, seals, and symbols that uniquely developed by individual, a group of individuals, an organization.

a)

Intellectual property asset

b)

Trademarks

c)

System software

d)

Application software

3.

It is organized information in the form of operating systems, utilities, programs, and applications.

a)

Trademarks

b)

Software

c)

System software

d)

Application software

4.

controls the basic functions of a computer and usually come preinstalled with the computer.

a)

Trademarks

b)

Software

c)

System software

d)

Application software

5.

handle common and specific tasks like word processing and others and include all programmed manuals, operational instructions, methodologies, and techniques.

a)

Trademarks

b)

Software

c)

System software

d)

Application software

6.

refer to all types of information, technical, or otherwise, like organizational philosophy, programs, strategies, processes, financial data, transaction data, and lists of customers and suppliers.

a)

Trademarks

b)

Trade secrets

c)

Software

d)

System software

7.

When an organization processes intellectual property assets, the entity is said to have created a competitive edge

a)

Trademarks

b)

Trade secrets

c)

Organizational monopoly

d)

Software

8.

Are the strengths of organizations that consist of collective “expertise”, personal traits, creative and problem-solving capabilities, managerial, entrepreneurial, and competency asset skills and organizational human-centered assets.

a)

Trademarks

b)

Human resource asset

c)

Organizational monopoly

9.

creates both leverage and a competitive edge. An organization greatly benefits from ownership of these assets.

a)

Human resource asset

b)

Human resource leverage

c)

Organizational monopoly

10.

Are results of market-related intangibles such as brands, company names, customer loyalty, repeat business, distribution channels, contracts and agreements.

a)

Human resource asset

b)

Marketing assets

c)

Human resource leverage

11.

An effective but less expensive medium for product and service identification.

A company name that is well-known, recognized, established and reputable significantly increases the financial worth of an organization.

a)

Marketing assets

b)

Human resource asset

c)

Market dominance

12.

Include positive organizational features like structure, management philosophy, organizational culture, high involvement practices, quality standards and technology that enable an organization to establish its competitive advantage.

a)

Market dominance

b)

Marketing assets

c)

Infrastructure asset

13.

It helps organizations attain a bigger market share. It is a result of the intimate relationship between customer and supplier.

a)

Customer satisfaction

b)

Customer loyalty

c)

Customer support