What purpose do non-compete agreements serve

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Question - Please read the case study entitled "Non-Compete Agreements" of the Business Ethics textbook.

Based on what you have learned in this unit, answer the following questions:

1. Other than being punitive, what purpose do non-compete agreements serve when low-level employees are required to sign them?

2. Suppose an executive chef or vice president of marketing or operations at Jimmy John's or any large sandwich franchise leaves the firm with knowledge of trade secrets and competitive strategies. Should he or she be compelled to wait a negotiated period of time before working for a competitor? Why or why not?

3. What is fair to all parties when high-level managers possess unique, sensitive information about their former employer?

Reference no: EM132675657

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