In this paper, Team A will discuss tangible and intellectual property issues in the telecommunication industry. Telecommunication has become one of the nation's leading industries in the 21st century. Telecommunication typically involves the use of electronic transmitters through telephone, television, computer, and radio. This industry is extremely important because communication is viable to households, businesses, daily living, and entertainment.
Telecommunication is defined as a universe of technologies and services such as cellular, circuit-switch, and Voice over Internet Protocol (VoIP) telephone systems. Telecommunications include products and services such as broadband access networks, analog and digital broadcast television and methods, virtual private networks and devices, video-on-demand (VOD), streaming media, electronic and interactive program guides (EPGs and IPGs), satellite communication systems and devices, satellite navigation systems and devices, data services, cellular telephone location systems and location-based services, and Internet services and methods (Washburn, 2009).
Identifying how to protect the tangible and intellectual property rights of this industry comes without wavering in the effort put forth by management.
A security plan should be in place. An evaluation should be done periodically to determine whether or not the plan is enough to keep data safe.
The manager should know the statutory protections that exist for intellectual property.
Patents are for products, machines, and improvements to existing devices. Copyrights are for words, thoughts, ideas, and music. Trademarks are names, symbols, or devices usedto identify those goods as their product. Trade names are for unique product labels and names. Trade dress protects product colors and motifs. Trade secrets are advantageous formulas, devices, or compilation of information that last indefinitely as long as the secret is not disclosed to the public. Criminal sanctions could be imposed for unauthorized transfer or use (Jennings, 2006).
To better protect intellectual assets, business managers need to know the threats. Since threats...