In the context of protecting intellectual property, a _____ is any information that provides a business with a competitive advantage but isn't shared openly.

A) patent
B) trade secret
C) permit
D) business plan

Trade Secret

Any information that provides a business with a competitive advantage but isn’t shared openly.

Competitive Advantage

The attributes that allow an organization to outperform its competitors, such as superior products, processes, or technology.

Intellectual Property

A category of property that includes intangible creations of the human intellect, such as inventions, literary and artistic works, designs, and symbols, names, and images used in commerce.