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 105 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
Thanks for the timely response, appreciate it


carlsona147

  • Member
  • Posts: 341
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

Patients who have been on total parenteral nutrition for more than a few days may need to have foods gradually reintroduced to give the digestive tract time to start working again.

Did you know?

Less than one of every three adults with high LDL cholesterol has the condition under control. Only 48.1% with the condition are being treated for it.

Did you know?

IgA antibodies protect body surfaces exposed to outside foreign substances. IgG antibodies are found in all body fluids. IgM antibodies are the first type of antibody made in response to an infection. IgE antibody levels are often high in people with allergies. IgD antibodies are found in tissues lining the abdomen and chest.

Did you know?

A cataract is a clouding of the eyes' natural lens. As we age, some clouding of the lens may occur. The first sign of a cataract is usually blurry vision. Although glasses and other visual aids may at first help a person with cataracts, surgery may become inevitable. Cataract surgery is very successful in restoring vision, and it is the most frequently performed surgery in the United States.

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

For a complete list of videos, visit our video library