Legal Issues
Business plans optimize growth and development according to the plans and priorities set forth by management; therefore; guidelines for securing corporate monetary and legal security are applied during the planning process that determine an organization 's success. Legal issues which every business must be aware of are its business 's proprietary information, business strategies, customer lists, copyright information, patents and any intellectual property provided by its employees during their normal course of work. (My company) ensures that its legal rights are protected whenever a new employee is hired through documents each person signs at the beginning of their employment. These documents include rights to intellectual property, non-disclosure agreements, which dictate that an employee cannot disclose or profit from confidential information (http:/ /jobsearchtech.about.com/library/weekly/aa-nondisclosure.htm), trade secrets, customer lists, customer proprietary network information policies and a non-compete agreement stating that an employee will not compete with their employer by engaging in any
References: BSR Staff. (n.d.) Overview of Business Ethics, Retrieved on March 13th 2003, from http:/ /www.bsr.org/BSRResources/WhitePaperDetail.cfm?DocumentID=48815 Dessler, G. (2001). Management Leading People and Organizations in the 21st Century. (2nd ed.). New Jersey: Prentice Hall, Inc. Niznick, J. (2004). Non Disclosure Agreement. Retrieved on March 13th 2003, from http://jobsearchtech.about.com/library/weekly/aa-nondisclosure.htm Robbins, S.P., Bergman, R., Stagg, I. and Coutler, M. (2003), Management, 3rd Edition, Prentice Hall: Australia, pp.136-149.