Which of the following is most likely to be the first step taken by a business to protect its trade secrets?
A) assert its property by preserving secrecy
B) decide who can visit the business and what areas can be seen by them
C) establish the existence of a trade secret as it is critical in controlling valuable knowledge resources
D) identify confidential knowledge-based resources by conducting a trade secret audit
E) require visitors, suppliers, and customers to sign a non-disclosure agreement

Question

Quizplus · Accepted Answer

A first step in protecting trade secrets is to identify confidential knowledge-based resources. It is useful for all businesses to conduct a trade secret audit, which simply lists all the valuable forms of information possessed by the business, including formulas, plans, reports, manuals, research, and knowledge of customers and suppliers.

Which of the Following Is Most Likely to Be the First