Alex worked for years for MegaCorp During his employment with MegaCorp, he learned a great deal of confidential information and knew that if this information got into the hands of competitors or the general public, MegaCorp could suffer great business
losses. Alex claims that he was wrongfully fired by MegaCorp and accordingly he believes he has no obligation to MegaCorp to keep any information he acquired with them as confidential. MegaCorp claims that Alex is under a continuing duty to keep confidential information secret, even though he is no longer with the company. Who is right? Why?
MegaCorp. is right. Regardless of why Alex no longer works for MegaCorp, he is under a continuing duty not to use or disclose the company's confidential information after he leaves the company. Alex had a fiduciary duty of loyalty to his employer when he worked for it and such duty does not terminate relative to trade secrets or confidential information after he is no longer employed by that company.
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Answer the following statements true (T) or false (F)
1. It is against the law to discriminate against someone based on their looks thus norms of appearance are not enforceable. 2. Folkways and mores can be the basis of an organization’s code of ethics and accepted behaviors. 3. A nation’s cultural beliefs affect company culture when the two are in conflict. For example, the American custom of working through lunch would not be tolerated in Europe. 4. It is much easier to listen to and connect to a story than sit in a formal classroom training on employee culture.
A work cell is an autonomous production line that can perform only one required operation efficiently at a time
Indicate whether the statement is true or false
Starship Corporation incurred the following losses during 2014: • Loss of $100,000 was incurred in the abandonment of equipment. • Accounts receivable of $30,000 were written off as uncollectible. • Several factories were shut down during a strike at a cost of $240,000. • Loss of $150,000 was sustained as a result of flood damage, an unusual and infrequent occurrence. Ignoring income
taxes, what amount of loss should Starship report as extraordinary on its annual income statement? a. $100,000 b. $520,000 c. $270,000 d. $150,000
The two vital ongoing activities necessary for creating boundaryless organizations that managers today must concern themselves with are
A. product marketability and capital structure. B. market share and shareholder value. C. financial returns and marketplace value. D. type of structure, mechanisms, processes, and techniques for enhancing permeability.