Discuss the below in detail:
Q: To many, intellectual property (IP) is a rather obscure legal concept that can only be properly understood and applied by those who are specially trained. You may be asking yourself why any small and medium-sized enterprise (SME). Should business should pay attention to IP, or what benefits your medium-sized enterprise could possibly draw from its use. How can Your medium-sized enterprise acquire and maintain Intellectual Property Protection? What Should SME do to Resolve Disputes Related to Intellectual Property?