A trade secret is a formula, practice, process, design, instrument, pattern, or compilation of information which is not generally known or reasonably ascertainable, by which a business can obtain an economic advantage over competitors or customers. Trade secrets are by definition not disclosed to the world at large. Instead, owners of trade secrets seek to protect trade secret information from competitors by instituting special procedures for handling it, as well as technological and legal security measures.
So, what would happen if someone stole, let's say, KFC's trade secret?
(via Miss Cellania)
1 comment(s):
What would happen if somebody stole KFC's secret receipe? Well you'd be able to buy bland, low quality fried chicken from places other than KFC. What's that? You can already?
In all seriousness I never understood why KFC make such a fuss about their secret receipe. I only ate the stuff once and it was just about the blandest fried chicken coating I ever tasted. And the meat itself was tastless. It must take some effort to invent a coating for fried chicken that includes 11 spices and is that bland.
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