Which of the Following Is the First Step in Protecting

question 83

Multiple Choice

Which of the following is the first step in protecting trade secrets?

• A) A business must assert its property by preserving secrecy.
• B) A business should decide who can visit the business and what areas can be seen by them.
• C) A business must establish the existence of a trade secret as it is critical in controlling valuable knowledge resources.
• D) A business must identify confidential knowledge-based resources by conducting a trade secret audit.
• E) A business must enforce visitors, suppliers, and customers to sign a non-disclosure agreement.

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Definitions:

Present Discounted Value

The current value of a future sum of money or stream of cash flows given a specified rate of return.

Interest Rate

The percentage at which interest is paid by borrowers for the use of money they borrow from a lender, or earned by depositors for funds deposited in a bank account.

Income

Earnings received through work, investments, or other sources.

Undertake Investment

The act of committing money or capital to an endeavor with the expectation of obtaining an additional income or profit.