COMPUTER FUNDAMENTALS

COMPUTER ETHICS AND SECURITY

INTELLECTUAL PROPERTY RIGHTS AND PRIVACY

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following are considered as trade secret?
A
Personal information
B
Negative information
C
Financial information
D
All of the following
Explanation: 

Detailed explanation-1: -Trade secrets encompass both technical information, such as information concerning manufacturing processes, experimental research data, software algorithms and commercial information such as distribution methods, list of suppliers and clients, and advertising strategies.

Detailed explanation-2: -The secret formula for Coca-Cola, which is locked in a vault, is an example of a trade secret that is a formula or recipe. Since it has not been patented, it has never been revealed. The New York Times Bestseller list is an example of a process trade secret.

Detailed explanation-3: -All the financial, business, scientific, technical, economic, and engineering information can be defined as types of trade secrets, and this can also include patterns, plans, compilations, program devices, formulas, designs, prototypes, methods, techniques, processes, procedures, programs, and codes.

Detailed explanation-4: -For example, customer lists are not considered trade secrets when the identity of the customers could potentially be discovered through public sources. However, identical information if not available through public sources could constitute a trade secret.

There is 1 question to complete.