What Is A Trade Secret ?  

A trade secret is a type of information that a company would like to safeguard in order to protect their business interests and also have an edge over their competitors. There are several companies that have trade secrets and have partners vying close to their positions. This is a common scenario in the food and beverage industry.More...

Elements Of A Trade Secret

Elements Of A Trade Secret

Trade secret is the type of information which belongs to a certain company and has to be kept confidential. It could be the very principle that the business runs on it is basically the type of information which contains the know how of the business model and is not known publicly and if known can be misused or used widely. It could be technical information, data, and secret recipes for food and beverage industries, drawing, financial processes and innovations.More...

 

 

Trade Secret Definition

Trade Secret Definition

Trade Secret is the type of information that a company keeps as a secret, so that they have an edge over their competitors. One of the biggest trade secret in the history of the business world is the formula for coca cola. Even today, people do not know why coke tastes different. Even the formula for Pepsi is a trade secret and despite being competitors, they do not taste the same though they are alike in several ways.More...

 

 

How Can Trade Secret Theft Affect Companies ?

How Can Trade Secret Theft Affect Companies

When there is a trade secret involved then it is the top secret of the company. People who work for the company and if they come to know about the trade secret are not allowed divulging the information s per the non disclosure agreement. This is allowed only when the NDA has been signed with the employees.More...

 

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Elements of a trade secret - How can trade secret theft affect companies? )
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