An employee for a beverage company combines the ingredients used in creating the mix. Later he is fired from the company and decides to sell the same mix under a new label to a competing company. What concept might be represented in this action?
a. a copyright violation
b. a trade secret, provided a nondisclosure was signed by the employee
c. a trade secret, regardless of the lack of a nondisclosure agreement
d. No violation. Secrets are secrets only until they are known.
b. a trade secret, provided a nondisclosure was signed by the employee
You might also like to view...
The SEC requires companies to disclose the amount of compensating balances in a note to the financial statements
Indicate whether the statement is true or false
______ are usually offered to an individual employee to allow them to buy a certain number of shares of stock in the company at a specified point in the future at a certain price.
A. Variable pay B. Gainshares C. Social loafers D. Stock options
If an employer categorically refuses to promote all persons of the Asian race, the company has engaged in disparate-impact discrimination
Indicate whether the statement is true or false
In the context of the role of cultural understanding in international management practice, identify a true statement about managers who have a local perspective.
A. They have a sense of appreciation for cultural differences. B. They respect the distinctive practices of others and make allowances for such practices. C. They accept cultural differences as legitimate. D. They believe in the inherent superiority of their own group and culture.