Competitive Intelligence and Espionage Quiz

A systematic program for gathering and analyzing information about your competitor's activities and general business trends to further your own company's goals.

The illegal and unethical theft of business trade secrets for use by a competitor to achieve a competitive advantage.

<p>Old equipment</p> Signup and view all the answers

<p>Up to 10 years for individuals, fines up to $5 million for organizations.</p> Signup and view all the answers

<p>Elicitation is a tactic used to extract information from individuals, often by building a personal relationship with them and creating a sense of trust. Techniques include using social engineering, flattery, and building rapport to gain access to sensitive information.</p> Signup and view all the answers

<p>Expropriation</p> Signup and view all the answers

<p>True</p> Signup and view all the answers

<ol> <li>Planning and direction</li> <li>Data collection and research</li> <li>Data analysis and production</li> <li>Dissemination of intelligence</li> <li>Decision and actions</li> </ol> Signup and view all the answers

<p>Industry reports &amp; syndicated services</p> Signup and view all the answers

<p>Surveys</p> Signup and view all the answers

<ol> <li>Define the question</li> <li>Learn the industry structure</li> <li>Know your sources (basic and creative)</li> <li>Conduct a literature search</li> <li>Retrieve the articles/explore the library</li> <li>Milk those articles (look for names of key people)</li> <li>Prepare a strategy (of what is best sources to focus on)</li> <li>Begin the interview process</li> <li>Conduct a debriefing</li> </ol> Signup and view all the answers

<p>Industry background</p> Signup and view all the answers

<p>The corporate information you are seeking is probably located in the very sources you decided to overlook because those sources were too obvious.</p> Signup and view all the answers

<p>S&amp;P Global Netadvantage</p> Signup and view all the answers

<p>Problems related to an insurer or its agent obtaining information from public sources or third parties</p> Signup and view all the answers

<p>Section 1 prohibits certain concerted, or joint, activities that restrain trade, such as price-fixing, refusals to deal, bid-rigging, etc.</p> Signup and view all the answers

<p>Felony which can be punished by up to 3 years in prison and $350,000 fine for individuals, or $10 million fine for corporations.</p> Signup and view all the answers

<p>There are at least five entities providing information</p> Signup and view all the answers

<p>The Freedom of Information Act (FOIA) gives all citizens the right to inspect all records of federal agencies except those containing military, intelligence, or trade secrets; it increases accountability of bureaucracy.</p> Signup and view all the answers

<p>Sunshine Acts require that most government meetings be conducted in public and that notice of such meetings must be posted in advance.</p> Signup and view all the answers

<p>Any information that can be used in the operation of a business or other enterprise and that is sufficiently valuable to afford an actual or potential economic advantage over others. The holder must take adequate precautions to protect the trade secret.</p> Signup and view all the answers

<p>The examination of a product by its competitors to determine the method of production, ingredients, etc., involved in the product.</p> Signup and view all the answers

<p>True</p> Signup and view all the answers

<p>Breach of contract</p> Signup and view all the answers

<ol> <li>Technical Skills - the ability to understand and use concepts and tools of the profession. 2. Interpersonal Skills - the ability to work effectively with others. 3. Conceptual skills - the ability to think strategically and to approach challenges as an integrated whole.</li> </ol> Signup and view all the answers

<p>Positive thinking and a growth mindset can contribute to success by fueling motivation, resilience, and a willingness to take risks. Conversely, negativity can hinder progress by fostering self-doubt, limiting opportunities, and leading to a more passive approach to challenges.</p> Signup and view all the answers

<p>The numerous ethical problems that managers must deal with on a daily basis, such as potential conflicts of interest, wrongful use of resources, mismanagement of contracts and agreements, etc.</p> Signup and view all the answers

<p>The illegal, unethical, or questionable practices of individual managers or organizations, as well as the causes of such behaviors and remedies to eradicate them.</p> Signup and view all the answers

<p>An evaluation of the sum total of goodness vs. badness likely to be provided by each alternative for all relevant stakeholders.</p> Signup and view all the answers

<p>The HV model (Honesty-Veracity) is a framework for ethical decision making that emphasizes honesty and truthfulness in all aspects of business. It involves four key elements: 1. Honesty - the commitment to tell the truth; 2. Veracity - the commitment to be truthful; 3. Integrity - the commitment to act in a way that is consistent with one's values; 4. Fairness - the commitment to treat all stakeholders fairly and equitably. The model provides a foundation for making ethical decisions based on core principles and values.</p> Signup and view all the answers

<p>Something is relative to something else - there are no objective standards. Relativism often implies nihilism - the belief we can never have genuine knowledge about anything.</p> <p>Cultural relativism: the elements of culture are relative to the norms of that culture, and there are no objective criteria to evaluate cultural elements. Ethical relativism: what is ethical can only be evaluated relative to some moral code held by an individual, group, society, and that there are no objective standards for evaluating different moral codes across cultures.</p> Signup and view all the answers

<p>Scientific realism asserts that the world exists independently of our minds and our theories, and that scientific theories provide true or approximately true descriptions of the world. The four main tenets are: 1. The world exists independently of our minds and theories; 2. Scientific theories provide true or approximately true descriptions of the world; 3. Scientific progress is possible; 4. There are real things the world that are unobservable.</p> Signup and view all the answers

<p>How do we make money?</p> Signup and view all the answers