Purpose of Assignment Business managers are confronted on a dailybasis with decisions regarding the use of real, personal, andintellectual property, and the rights and duties existing with relationto these property rights while at work. Add cybercrime, cyber piracy,and international business operations to this equation, and the manageris left with much to consider when evaluating the legal risks associatedwith the use of these properties as they engage in their businessactivities. It is the purpose of this assignment to promote theevaluation of all risks when using company and personal property,particularly intellectual property, both domestically andinternationally. About Your Signature AssignmentThis signature assignment is designed toalign with specific program student learning outcome(s) in your program.Program Student Learning Outcomes are broad statements that describewhat students should know and be able to do upon completion of theirdegree. The signature assignments may be graded with an automated rubricthat allows the University to collect data that can be aggregatedacross a location or college/school and used for program improvements. Assignment Steps Resources: Legal Environment of Business: Online Commerce, Business Ethics, and Global Issues:Ch. 5 (p. 96), Ch. 7 (pp. 154-155), Ch. 8, Ch. 25, and Ch. 26; sitessuch as: Public Library of Law, Law Library of Congress, and JustiaVirtual Chase law database Scenario: Your company’sboard of directors is exploring expansion of your business and islooking to you to prepare an analysis (Part I) and presentation (PartII) regarding whether that expansion should be domestic orinternational. Part IPrepare an analysis of the property rights, risks,and benefits of each in a minimum of 1,050 words, excluding the titleand reference page, including the following: Decide what actions a manager in your business should take toidentify and protect the tangible property rights of your domestic andinternational business.Summarize the actions a manager in your business should take toidentify and protect the intellectual property rights of your domesticand international business.Explain what actions a manager in your business should take toidentify and protect the organization from violating the intellectualproperty (IP) rights of others.Analyze what special problems arise regarding property rights whenyour business decides to do business outside the United States.Evaluate the legal risks associated with all property rights, domestically and internationally, for your business.Apply the risk management process to mitigate the legal risks for your business.Evaluate contract formation in your business as it relates to itsIntellectual Property and recommend one contract method of contractdispute resolution for use in your business. Cite a minimum of three scholarly references. One scholarly reference must be from the University Library. Format your paper consistent with APA guidelines.