Discuss some of the advantages and risks of using trade secrets as a means to protect ideas
Question:
Discuss some of the advantages and risks of using trade secrets as a means to protect ideas and business-related information.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 72% (11 reviews)
Relying on trade secrets is risky insofar as creating contractu...View the full answer
Answered By
Asim farooq
I have done MS finance and expertise in the field of Accounting, finance, cost accounting, security analysis and portfolio management and management, MS office is at my fingertips, I want my client to take advantage of my practical knowledge. I have been mentoring my client on a freelancer website from last two years, Currently I am working in Telecom company as a financial analyst and before that working as an accountant with Pepsi for one year. I also join a nonprofit organization as a finance assistant to my job duties are making payment to client after tax calculation, I have started my professional career from teaching I was teaching to a master's level student for two years in the evening.
My Expert Service
Financial accounting, Financial management, Cost accounting, Human resource management, Business communication and report writing. Financial accounting : • Journal entries • Financial statements including balance sheet, Profit & Loss account, Cash flow statement • Adjustment entries • Ratio analysis • Accounting concepts • Single entry accounting • Double entry accounting • Bills of exchange • Bank reconciliation statements Cost accounting : • Budgeting • Job order costing • Process costing • Cost of goods sold Financial management : • Capital budgeting • Net Present Value (NPV) • Internal Rate of Return (IRR) • Payback period • Discounted cash flows • Financial analysis • Capital assets pricing model • Simple interest, Compound interest & annuities
4.40+
65+ Reviews
86+ Question Solved
Related Book For
Managing the Law The Legal Aspects of Doing Business
ISBN: 978-0133847154
5th edition
Authors: Mitchell McInnes, Ian R. Kerr, J. Anthony VanDuzer
Question Posted:
Students also viewed these Business questions
-
Some media claim that advertisers should focus more attention to Readers per Dollar than CPM as a relative cost figure. Explain why they feel this way, and discuss some of the advantages and...
-
Discuss some of the advantages and disadvantages of branded entertainment. Do you see business in this area increasing or decreasing in the future? Explain your answer.
-
The new media discussed in this chapter have some distinct advantages over traditional media, but also have some disadvantages. Discuss some of the advantages and disadvantages of traditional and new...
-
A 0.500-kg block, attached to a spring with length 0.60 m and force constant 40.0 N/m, is at rest with the back of the block at point A on a frictionless, horizontal air table (Fig. 7.44). The mass...
-
Phoenix Company can invest in each of three cheese-making projects: C1, C2, and C3. Each project requires an initial investment of $228,000 and would yield the following annual cash flows. (1)...
-
Solve each system. 2x+3y - 6z = 5 8x - y + 3z = 7 3x +4y-3z =7
-
Write an MC code for a fluid of \(N\) hard spheres in a two-dimensional \(L \times L\) square box and include a one-body gravity term \(\sum_{i=1}^{N} m g y_{i}\) in the algorithm, that is, accept...
-
On April 30, the bank reconciliation of Galena Company shows three outstanding checks: no. 254, $650, no. 255, $820, and no. 257, $410.The May bank statement and the May cash payments journal show...
-
What is ethical? what is right? What is right for the world of work, as you are shaping it in your professional practice?
-
Mr B aged 52 years, has earned rupees 75,00,000 out of his business. His ex-wife gifted him a car worth rupees 8 lakh. He spent a total of rupees 20 lakh during a family trip. He won a lottery of 16...
-
Crosshill Company's total overhead costs at various levels of activity are presented below: Assume that the overhead cost above consists of utilities, supervisory salaries, and maintenance. The...
-
Other than intellectual property laws involving trademarks, copyright, patents, and industrial designs, name two means by which businesses can protect ideas and business-related information. Outline...
-
The state of stress at a point is given by a. Determine the strains using Young's modulus of \(100 \mathrm{GPa}\) and Poisson's ratio of 0.25. b. Compute the strain energy density using these...
-
Which of these must be available for mRNA to make it out of the nucleus for translation? Nuclear localization signal Nuclear Export signal O SRP binding site O vesicle binding site
-
12. A test tube is filled with water and closed with a loose fitting stopper that allows air to pass freely. There is a small hole in the base of the test tube as shown in figure. The test tube is...
-
Use the equation of the dissociation of the weak acid and a Le Schatelier principle to answer the following question: What change will be caused by the addition of a small amount of the weak base B...
-
What are the two major modes of glycolysis and what is the purpose of each mode? There is the preparatory phase and payoff phase and the preliminary phase's goal is to split.
-
A) If two electrons are each 1.9010-10 m from a proton, as shown in the figure, find the magnitude of the net electrical force they will exert on the proton. B) Find the direction of the net...
-
Researchers at the University of Mississippi wanted to discover whether variability for reaction time to a go/no go stimulus of males was different from that of females. The researchers randomly...
-
6. (Potential Energy and Conservation of Energy) What should be the spring constant k of a spring designed to bring a 1200-kg car to rest from a speed of 95 km/h so that the occupants undergo a...
-
How is insolvency different from bankruptcy?
-
What are the purposes of bankruptcy? How are these purposes different from the purposes of proposals?
-
Against whom does the stay operate in bankruptcy? What does it stay?
-
The auditor has pointed out to the client that there is a significant deficiency in their internal control. Does this deserve attention from management?
-
A credit report is a statement that has information about your credit activity and current credit situation such as loan paying history and the status of your credit accounts (source). By law, you...
-
John and Kent share profits and losses of 60% and 40%, respectively. The tax basis of each partner's interest in the partnership as of December 31, Year 1, was as follows: John $24,000 Kent 18,000...
Study smarter with the SolutionInn App