To Work for a Competitor
Essay Preview: To Work for a Competitor
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Every employee should have ethic whether they leave a company to work for a competitors. There are ethical knowledge that an employee can share and ethical knowledge that cannot be shared. But, when it comes to ethic it “encompasses the principle standards of moral behaviors that society accepts as right versus wrong” (Bovee, Thill and Mescon).
It is hard for a company when an employee, would leave to work for a competitor. Many employers can be concerned that a former employee would devour information to their competitor that can be detrimental to their company. An example: if an employee worked for TRW and decides to leave to work for their competitors Special Device Incorporated. That employee would not be discussing any products that TRW would make in regards to how they make their igniter for their air bags. An employee would never want to give information that can harm another company to gain and benefit his position with the new company. Every employee that works for competitors should never face a conflict of interest, “a situation in which a choice that promises personal gain compromises a more fundamental responsibility” (Bovee, Thill and Mescon). For example: If my former company would want valuable inside information about a new product that they were making, an employee would not give the old company that information. Every employee “must always act honestly, communicate, and try not to cause harm to others” (Bovee, Thill and Mescon). An employee cannot discuss any product or services that a former employer did or any trade secret that only is potent to that former employer. But, the knowledge and experience that was learned from a former employer can be shared. Many eyelet industries for toolmakers, such as Trans-matic make employees sign a contract. This contract restricts any former employee to devour any information or knowledge to a competitor, and if they do can lead to punitive damages against them.