3. Why should a company require its engineers to execute invention assignment agreements?

- To ensure they do not share confidential information with competitors

- To make sure that the engineers stay loyal

- To enable the engineers to be retained in the event the company merges with another company

- To document the company's ownership of the engineer's inventions

4. When negotiating contracts for a strategic alliance, what is the first step in developing the work plan?

- Creating a communication plan

- Request Financial Statements

- Developing control methods

- Defining the goals and objectives

5. What is the difference between corporate social responsibility and business ethics?

- Business ethics is concerned with how a business conducts its operations with integrity whereas corporate social responsibility involves a business giving back to the community

- Corporate social responsibility is broader and more inclusive than business ethics which focuses mainly on the financial aspects of the transaction

- Business ethics and corporate social responsibility are the same thing: which one is selected depends on the type of business being conducted.

- Corporate social responsibility applies to corporations whereas all businesses can and should establish Codes of Ethics