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Unformatted text preview: Before globalisation there was not much competition and hence intangible assets such as goodwill, patents etc. made once are expected to give benefits for a long period, but as present due to everyday changing technologies patent and trademarks are not expected to give as much benefits as earlier and the chances of obsolescence are also maximised and the same is with goodwill also. On the basis of the above factors we can say that in the era of globalization we need to change our views towards intangible assets to a great extent....
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This note was uploaded on 02/23/2011 for the course ACC 305 taught by Professor Allison during the Spring '11 term at Western Intl..
- Spring '11