What Are Some Examples of Trade Secrets That Could Be

question 2

Essay

What are some examples of trade secrets that could be distributed illegally according to the US Economic Espionage Act of 1996?

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Definitions:

Code of Ethics

A set of principles and guidelines designed to help professionals conduct their business with honesty and integrity.

Foot-In-The-Door Technique

A persuasion strategy that involves getting a person to agree to a small request as a precursor to agreeing to a larger request.

Low-Ball Technique

A persuasion strategy in which an initial, lower price is offered to secure agreement, then raised before the deal is closed.

Bait-And-Switch

A deceptive marketing strategy in which a customer is lured by the advertisement of a low-priced item but then is encouraged to buy a more expensive one.