GK
BUSINESS MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Sign an nondisclosure agreement
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Develop a mission statement
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Analyze annual financial reports
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Complete standard personnel forms
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Detailed explanation-1: -Non-disclosure agreement (NDA): employees and business partners should sign a non-disclosure agreement that prevent them from disclosing a company’s confidential information.
Detailed explanation-2: -An NDA is a contractual agreement (also known as a “restrictive covenant”) to protect sensitive information. An employer can ask that a new employee sign an NDA to protect legitimate, confidential business interests such as trade secrets and business practices.
Detailed explanation-3: -An NDA creates the legal framework to protect ideas and information from being stolen or shared with competitors or third parties. Breaking an NDA agreement triggers a host of legal ramifications, including lawsuits, financial penalties, and even criminal charges.
Detailed explanation-4: -Non-Disclosure Agreements are essential for any employer looking to protect their proprietary and confidential information. Don’t open yourself up to future litigation or headaches for accidentally revealing information you were given fifteen years and three jobs ago.