Which of the following is the first step in protecting trade secrets?
A) A business must assert its property by preserving secrecy.
B) A business should decide who can visit the business and what areas can be seen by them.
C) A business must establish the existence of a trade secret as it is critical in controlling valuable knowledge resources.
D) A business must identify confidential knowledge-based resources by conducting a trade secret audit.
E) A business must enforce 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 the First Step in Protecting