A Trade Secret Is Any Formula, Pattern, Physical Device, Idea

question 1

True/False

A trade secret is any formula, pattern, physical device, idea, process, or other information that provides the owner of the information with a competitive advantage in the marketplace.

---

Definitions:

Process Information

The act of taking in, interpreting, and making sense of data or stimuli from the environment.

Information-Processing

A cognitive approach that compares the mind to a computer, focusing on how people encode, store, and retrieve information.

Cognitive Developmental

Refers to the process by which individuals acquire and evolve in their capacity to think, reason, and understand the world.

Social Learning

A theory that suggests individuals learn behaviors, norms, and values primarily through observing and imitating others within a social context.