The majority of nations, including India, do not have special laws safeguarding trade secrets, in contrast to other intellectual property rights like patents, trademarks, and copyrights. To safeguard trade secrets, the parties usually depend on contract law or the theory of misappropriation.
<h3><u>The points explaining TCS Scenario:</u></h3>
- Rapid product development in workplaces and workshops designed in the manner of Silicon Valley helps customers of TCS Digital Reimagination Studio to utilize the advantages of digital technology.
- These workspaces and workshops foster creativity and extremely agile cooperation.
- The fundamental elements of IP governance must be understood and used by TCS workers. Your access must be immediately terminated.
- This protection is only available through patents and utility models. Another party who rightfully created the necessary knowledge, such as B. Independently created inventions, may patent a trade secret. Once the secret is revealed, anybody can utilize it anyway they choose.
- Trade secrets are proprietary knowledge that has intellectual property (IP) rights that may be sold or licensed.
- Generally speaking, for something to be deemed a trade secret, it must: be financially valuable due to its secrecy; be known exclusively by a small group of individuals.
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Answer: The cases in which the Review Commission renders decisions arise from inspections conducted by a Federal agency separate from the Review Commission, the Occupational Safety and Health Administration (OSHA), which is a part of the Department of Labor. OSHRC, or the Review Commission, and OSHA were created by the Occupational Safety and Health Act of 1970, but the Act mandated that the Review Commission be an independent agency (i.e., not part of another Federal department) to ensure that parties to agency cases receive impartial hearings.
Explanation:
Answer:
a. The average age of the population in his community is high.
Explanation:
As the average age of the population in his community is high, it is an opportunity for an entrepreneur who wishes to open a business providing "Fitness for Life" physical conditioning services (strength, balance, and flexibility training) in a city of 100,000 people because people will be more interested in the physical conditioning services and they will be attracted towards it as when the age rises, people become more interested in the health related activities, therefore, chances are very high that this will pose a serious and profitable opportunity for the entrepreneur in that particular city. He or she can definitely capture this opportunity very handsomely and profitably.
D) the availability of land, labor and capital
I think
Answer:
$37,000
Explanation:
Working capital indicates the difference between a company's current assets and its current liabilities.
Current assets include such as cash at hand, bank balances, cash equivalents, and inventories. Current liabilities are accounts payable, bills, and short term debts.
in this case,
Current assets include
Inventory $50,000
Cash at Bank $ 5,000
prepaid rent <u> $5,000</u>
Total current assets <u>$60,000</u>
current liabilities
Notes Payable $20,000
tax payable <u> $3,000</u>
Total current liabilities <u> $23,000</u>
Working capital
= $60,000 - $23,000
= $37,000