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Intellectual Property Rights of the Organization

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Identify the IP rights that are owned by an organization. Explain which intellectual property appears the most difficult for a business owner to protect. Provide support for your answer.

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Solution Summary

The solution discusses intellectual property rights possessed by an organization. It lists digital music as one of the top ten properties virtually impossible to protect.

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Digital music ranks as one of the top ten properties virtually impossible to protect. A legally downloaded digital track can be copied multiple times. An original compact disk purchased from a record store can be borrowed by friends and copied onto desktop and mobile computers. All these scenarios do not bring revenues to record companies.

Only 5% of the music acquired online is purchased legitimately, Gizmodo (2012) reports.

Consider these statistics provided by Infographics (2012) and Kiwi (2012):

-A study in October 2010 found out that ...

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