Is keeping trade secrets still an ethical issue

Assignment Help Management Theories

Reference no: EM133257041

Case: When employee Eric Pantaleon quit his job in 1985, IT Systems, his company, paid little attention. Pantaleon was one of the several customer-servive representatives of the Laguna, Philippine-based computer company, and the turnover of responsibilities in the department wasn't smooth. Following an uneventful exit interview with human resources officials, Pantaleon left the company to start a jb with IT rival, Sampo Computer, also based in Laguna.

It might have ended there. But when Pantaleon's new employer began taking away IT's market share, its top management started to be alarmed. After some checking, IT learned that Pantaleon was using inside knowledge of IT's customer lists to make sales. Company officials also suspected he might be relying on IT's customer specifications and repair manuals.

Question 1. Is keeping "trade secrets" still an ethical issue in the age of globalization and advanced communications technology? Explain

Question 2. Is Pantaleon's action unethical, e.g., using the customer list of his previous company for his new company? Why or why not? Discuss your answer.

Question 3. If you were Pantaleon, would you also do the same thing as he dis? Why or why not? Justify your answer.

Reference no: EM133257041

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