ENT Performance Indicators

back @ it again!! here are my responses to the performance indicators to help me study and maybe even you 😜 🔷

Business Law (BL)

Standard: Understands business's responsibility to know, abide by, and enforce laws and regulations that affect business operations and transactions

Describe methods used to protect intellectual property (BL:051) (SP)

Patents: legal protections granted for inventions or the production of an invention(s) during a certain period of time, preventing individuals from making or selling the invention without permission
Trademarks: symbols, names, or slogans used to distinguish goods or services, ensuring brand recognition and protection against misuse
Copyrights: Rights granted to creators of original works, such as literature, music, or art, stopping unauthorized reproduction or distribution
Trade Secrets: Practices, designs, formulas, or processes that give a business an advantage over competitors, protected as long as they're kept confidential
Licensing Agreements: Contracts that allow one party to use the intellectual property of another, usually in exchange for royalties or fees

Describe legal issues affecting businesses (BL:001) (SP)

Legal issues affecting businesses are lawsuits (accidents, discrimination, copyright infringement), security concerns (health code violations, employee safety, consumer protections), and environment law ethics

Identify the basic torts relating to business enterprises (BL:069) (SP)