A Manager at a Textile Factory Suspects His Employees Are

question 2

True/False

A manager at a textile factory suspects his employees are feeding his competitors information about new textiles he is developing.In order to make them aware that this is unacceptable, he reminds them all that any information about his textiles is confidential and must not be disclosed.This is sufficient to ensure that the information is considered confidential.

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Definitions:

Competitive

Being Competitive means being able to offer products or services that are more attractive to consumers than those of competitors, either through lower prices, higher quality, or unique features.

Economic Profit

The difference between the total revenue earned by a business and the total opportunity costs of all resources used in production.

Competitive

Relating to or characterized by rivalry among sellers in a market, aiming to increase sales, market share, and customer loyalty by offering better terms.

Maximum

The highest or greatest possible amount or degree of something.