This topic contains a solution. Click here to go to the answer

Author Question: Antitrust laws have been enacted in all of the WTO members after World War II. Indicate whether the ... (Read 66 times)

abern

  • Hero Member
  • *****
  • Posts: 533
Antitrust laws have been enacted in all of the WTO members after World War II.
  Indicate whether the statement is true or false

Question 2

Thomas works for an internationally-renowned computer company. As a condition of his employment, Thomas signed a confidentiality agreement, in which he agreed not to disclose any trade secrets of the firm. The company has been researching a new computer advancement, and is on the brink of introducing this product to the buying public. Before the official product release, Thomas is considering offering information related to this new advancement to one of his company's competitors for a price. What categories of ethical behavior might be impacted by Thomas' decision to disclose this information to his employer's competitor?



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

matt

  • Sr. Member
  • ****
  • Posts: 344
Answer to Question 1

FALSE

Answer to Question 2

All of the categories of ethical behavior would be impacted by Thomas' decision to sell his employer's proprietary information to a competitor. The categories of ethical behavior include: 1 ) Integrity and Truthfulness; 2 ) Promise-Keeping; 3 ) Loyalty-Avoiding Conflicts of Interest; 4 ) Fairness; 5 ) Doing No Harm; and 6 ) Maintaining Confidentiality. In terms of the first category of ethical behavior, Thomas would compromise his integrity by disclosing corporate trade secrets, and he would be untruthful in the sense that he would violate the confidentiality agreement with his firm in doing so. Second, his promise related to the confidentiality agreement would be broken. Third, selling such proprietary information would be a classic conflict of interest, in the sense that he would be benefiting himself (financially) to the detriment of his employer. Fourth, disclosure would not be fair, as it would breach the confidentiality agreement with his employer and deprive his employer of its diligently-worked-for competitive advantage. Fifth, disclosure would harm his employer and other stakeholders of the firm, since it would deprive the firm of its competitive advantage and the financial benefits of such an advantage. Finally, confidentiality would be violated.




abern

  • Member
  • Posts: 533
Reply 2 on: Jun 24, 2018
:D TYSM


CAPTAINAMERICA

  • Member
  • Posts: 325
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

More than 30% of American adults, and about 12% of children utilize health care approaches that were developed outside of conventional medicine.

Did you know?

Limit intake of red meat and dairy products made with whole milk. Choose skim milk, low-fat or fat-free dairy products. Limit fried food. Use healthy oils when cooking.

Did you know?

Cucumber slices relieve headaches by tightening blood vessels, reducing blood flow to the area, and relieving pressure.

Did you know?

There are actually 60 minerals, 16 vitamins, 12 essential amino acids, and three essential fatty acids that your body needs every day.

Did you know?

Colchicine is a highly poisonous alkaloid originally extracted from a type of saffron plant that is used mainly to treat gout.

For a complete list of videos, visit our video library