IP of GP
Lena M Rayls
HRMT645-1101A-01 Operational Human Resource Management
Employees of your company will be privy to inside information not readily available to the public. Therefore, to protect this important information, a confidential information policy has been put in place. Our organization 's information classification policy will addresses two types of confidential information: competitive-advantage (trade secret) and personal information. Our employees shall be advised that all of the company’s financial information, business plans, marketing strategies, manufacturing routines, customers, and suppliers are considered trade secret information and property of the company. Violations of this policy are also known as espionage. There are laws in place to protect against the disclosure of this information or espionage. The Economic Espionage Act Of 1996 (EEA) is an act that makes theft or misappropriation of trade secrets a federal crime (LegalMatch, 2010). This act makes the act of stealing, selling, buying, or even possessing of a trade secret without authorization punishable by law.
The Personal Information section includes employee information and customer information. Customer information is entrusted to our care and we take this trust very seriously. Any violation of this policy will reflect poorly on our company’s ability to run a credible business. Employees will refrain from discussing company business with anyone outside the company in order to avoid an accidental violation of this policy. Internal consequences for violation of this policy can include immediate termination. On top of Internal Consequences, violators of this policy may also receive external consequences such as a fine, jail time or both." References:
LegalMatch. (2010). What Is the Economic Espionage Act of 1996? Retrieved January 23, 2011, from LegalMatch Web site: http://www.legalmatch.com/law-library/article/economic-espionage-act-of-1996.html
References: LegalMatch. (2010). What Is the Economic Espionage Act of 1996? Retrieved January 23, 2011, from LegalMatch Web site: http://www.legalmatch.com/law-library/article/economic-espionage-act-of-1996.html