Automotive Industry

Running Head: AUTOMOTIVE INDUSTRY. TANGIBLE AND INTELLECTUAL broadcast RIGHTS Automotive attention. Tangible and Intellectual office Rights Luana Lorenzo University Of Phoenix truth 531/ melodic phrase law December 21, 2009 Professor: ira Cohen, Esq., B.A, J.D. L.L.M Tangible and Intellectual Property Rights in the Automotive Industry Tangible billet refers to anything that can be touched. In the manufacture selected patent periods can include: manufacturing/ host equipment, inventory (raw materials and blameless vehicles), buildings, land, and any other physical item or topographic point that the company has under its name. To instruction difference exposure of tangible property, a risk manager should number techniques to nurse property in the following movers: 1. Construction This refers to the type of building, ack-ack divisions, or resistive materials used on the building’s folding against fire hazards. This implies co ntrols that the company has on the infrastructure that it owns. If forward-looking buildings argon bought or the current ones are remodeled, the type of construction materials should be taken into consideration to minimize the risk and loss. 2. Occupancy This mover includes the types of materials stored on the company’s premises.

This particular industry exit face a high risk in the moving-picture show department, where flammable chemicals are stored and used. Risk control factors should be considered the indigenous of storage, pallet construction, aisles spaces, commodity, and packaging materi al. Constant facilities inspections should b! e conducted to verify climbable storage practices, and other hazards. Fire safety plans should also be in place to evacuate the company in suit of clothes of a fire. 3. Protection To minimize the risk, management should have control measures to protect property from different risks such as: fire, vandalism, fraud, embezzlement, robbery, calculating machine crime, etc… care should have risk controls to...If you want to get a full(a) essay, order it on our website: BestEssayCheap.com

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