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4 years ago

Explain how trade secrets help companies stay competitive.

Business

1 answer:

klio [65]4 years ago

5 0

Trade secrets they help companies to stay competitive by,

1. Misappropriation. A company discovery this trade secrete through the lawful methods of employee poaching or reverse engineering and the unlawful ones. For example, industrial espionage.

2. Protection. The owners who protects the trade secrete from the competition by having special procedures on how to handle it and legal security measures and technology.

3. Value. The value of a company trade secrete is measured by way of capitalization of market which is major and invisible whereby it is hard to measure the contribution.

Trade secret is termed as the pattern, instrument, practice, process and formula and compilation of information which is not known by others where a business can have advantages over the customers or the competitors.

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A Purchasing Specialist is sometimes referred to as what? Select all that apply *

Zepler [3.9K]

$\text{Hello there!}$

A Purchasing Specialist is sometimes referred as a $\bold{Procurement Manager.}$

This is because they're responsible for purchasing/procuring supplies.

They relatively have the same roles, however, occasionally referred to by different names.

$\text{The job of the}$ $\bold{Purchasing\;Manager}$ $\text{\;is to purchase supplies for the company.}$

$\text{For example, purchasing lettuce for a}$ $\bold{fast\;food\;restaurant.}$

$\text{The job of the\;}$ $\bold{Purchasing\;Agent}$ $\text{is to buy supplies that the company needs.}$

$\text{The job of the}$ $\bold{Procurement\;Manager}$ $\text{has the same responsibilities as the}$ $\bold{Purchasing\;Manager.}$

Therefore, all of the possible referred answers are going to be correct.

The only differences are going to be the names.

$\rule{300}{1.0}$

8 0

3 years ago

CCC currently has sales of $26,000,000 and projects sales of $32,500,000 for next year. The firm's current assets equal $10,000,

vladimir2022 [97]

Answer: $1,025,000

Explanation:

Given that,

Current sales = $26,000,000

Projects sales = $32,500,000

Current assets = $10,000,000

Fixed assets = $9,000,000

Fixed assets will rise by $500,000

Accounts payable = $5,000,000

Long-term debt = $3,500,000

Common equity = $10,500,000

dividends = $900,000

net profit margin = 5%

Additional Funds Needed(AFN) can be calculated with the use of following formula:

AFN:

= $[(\frac{Current assets}{sales})\times(Revised\ Sales) + Revised\ Fixed\ Assets] - [(\frac{Spontaneous liabilities}{sales} )\times(Revised\ Sales) + Long\ Term\ Debt] - [Current\ Equity + Revised\ Net\ Income - Dividends]$

= $[(\frac{10,000,000}{26,000,000})\times(32,500,000) + (9,000,000 + 500,000)] - [(\frac{5,000,000}{26,000,000} )\times(32,500,000) + 3,500,000] - [10,500,000 + 5%\times32,500,000 - 900,000]$

= $22,000,000 - $9,750,000 - $11,225,000

= $1,025,000

6 0

4 years ago

Please help me :((

vlada-n [284]

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3 0

4 years ago

c) The Flint, Michigan, water crisis highlighted a major issue in the United States regarding old lead-based pipes used to trans

aalyn [17]

Answer:

'Prevention is better than cure ' protecting children from exposure to lead is the most important for their lifelong health . prevention is the best way to consider with lead poisoning. we can not find safe blood lead level in the children it has been recognized , even low levels of lead in their blood have been prove to affect intelligent quotient , academic achievement and to giving attention ability . The impact of lead exposure can not be corrected. so before it occurs parents and others can take the most important step to obstruct lead exposure . If everyone can take steps for their children then we can prevent potential lead poisoning ( primary prevention)

To reduce the use and set free of lead some efforts are needed to continue to reduce occupational and exposures , specially for children and women of child- bearing age . Interventions include get riding of unimportant uses of lead such as in paint, ensuring the safe recycling of waste that is lead containing , for that we should educate the people about the importance of computers and of safe disposal of lead acid batteries and monitoring of blood lead levels in children , workers and women of childbearing age .

Secondary prevention aims on the early discovery of lead poisoning . To reduce the impact of lead in patients with recognized blood lead levels that the secondary prevention strategic manner globally.

The United Nations Environment Programme and World Health Organization jointly initiated the Global Alliance to Eliminate Lead Paint to achieve international aims to prevent children's exposure to lead from paints containing lead and to reduce occupational exposures to lead paint . Its main objective is to promote a aspect of the manufacture and sale of paints containing lead. International Week gives a chance to prepare political and social commitment for further progress.

The Ministry of Environment , Forest and Climate Change (MOEFCC) , Government of India has also prohibited manufacture , import business as well as export of decorative and household paints that is lead containing or mix with lead in excess of 90 parts per million with a remark as Regulation on Lead content i Household and Decorative paints Rules , 2016' this act passed in November 2016.

Some health tips to save guard lead exposure are -

Children should get four to six small meals during the day and should get a healthy diet sufficient in iron , calcium and vitamin c .
Lead can be brought into the living space from outside areas through shoes , so whenever inter the home take shoes off at the door .
During pregnancy women should be counseled about the impact of pica.
Wash our hands properly after and before of every meal , we know that it is a simple yet very important and effective method to preventive measures , specially during a young child's crawling and hand in mouth stage .
The area where the child is playing should be cleaned regularly .
Give safe items and toys to infants and toddlers .
If a family home has lead pipes , use first water from pipes for other purpose ( other use ) before the morning use.

3 0

3 years ago

What are six of the skills that international businesses want in their employees? What are some ways that future employees could

LekaFEV [45]

answer

answering is important to practice of aligning learning to standard

Explanation:

Ano Ano Ano Ano Ano Ano Ano Ano Ano Ano Ano Ano Ano Ano Ano Ano Ano Ano Ano Ano Ano

6 0

3 years ago