This is a group project I am only responsible for # 3 posted below. Not sure how to compile it. the article we are basing info is posted below as well. This is the overview of assignment.(The late 1990s saw the rise of corporate valuations arising from ownership of various forms of intellectual property, rather than the traditional value arising from production and sale of goods or services. Using Internet sources (you might want to start with the following article from SmartPros), discuss this issue with your group and prepare a 6-8 page management brief for Acme`s upper management group on the current state of valuing intellectual property.) IdeaDesignStudio.com http://www.infirmation.com/articles/one-article.tcl?article_id=2602 1. Define the following Terms a. Intellectual Capital (20 Points)Mark Jones b. Intellectual Property (20 Points)Vyronica c. Intellectual Assets (20 Points) Stephaia d. Identifiable Intangible Assets (20 Points) Ameedah e. Unidentifiable Intangible Assets (20 Points) Trinita 2. Discuss how you would value Intellectual Property (50 Points) Charmine 3. Describe the Steps in Managing Intellectual Property ( 50 Points) Rivian