Because Organizations Can Risk Losing Trade Secrets When Key Employees

question 83

True/False

Because organizations can risk losing trade secrets when key employees leave, they often try to prohibit employees from revealing secrets by adding nondisclosure clauses to employment contracts.

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Definitions:

Skill Transferability

The ease with which people can shift their work talents from one job, region, or country to another job, region, or country.

Net Benefits

The total positive outcomes or advantages derived from a particular action, subtracting any associated costs or negative effects.

Wage Rates

The standard amount of compensation individuals receive in exchange for their labor or services, measured per hour or unit of work.

Strictly by Wage Differentials

Determination of employment patterns solely based on variations in wage rates across different sectors or regions.