A Trade Secret Is Almost Anything That Is Unique and of Value

question 30

True/False

A trade secret is almost anything that is unique and of value or potential value to a company.

Analyze the effect of consumer satisfaction on purchasing decisions.

Understand the concept of profit sharing and its effectiveness in different economic conditions.

Recognize various job design concepts including job breadth, depth, and enrichment.

Identify and differentiate among common gain-sharing plans.

---

Definitions:

Stockholders' Equity

The residual interest in the assets of a corporation after deducting liabilities, representing the owners' equity.

Par Value

The nominal or face value of a bond, share of stock, or other financial instrument, as stated by the issuing company.

Net Income

The amount of profit left after all operating expenses, interest, taxes, and dividends have been deducted from total revenue.

Dividend Payout Ratio

The dividend payout ratio is the fraction of net income a firm pays to its stockholders in dividends, expressed as a percentage, showing the percentage of earnings distributed as dividends.