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The Best Way to keep a secret is to not tell anyone, anyone or anyone(22).

The Coca-Cola logo is an example of a widely-r...

The Coca-Cola logo is an example of a widely-recognized trademark representing a global brand. (Photo credit: Wikipedia)

Trade secrets set businesses apart from their competitors., The most famous trade secret is the formula for Coca-Cola.

The theatrical poster for The SpongeBob Square...

The theatrical poster for The SpongeBob SquarePants Movie. (Photo credit: Wikipedia)

The secret recipe is kept in a vault and supposedly known by only 2 executives who signed a non disclosure agreement. I guess the 2nd most famous trade secret is the Krabby Patty sold at the Krusty Krab on SpongeBob which SpongeBob must guard with his life. Oh, that’s not real but it is definitely a good example of a trade secret.

The owner of a trade secret is obliged to take all reasonable precautions to prevent that secret from bein discovered by others. Many states have adopted the Uniform Trade Secrets Act which give statutory protection to trade secrets.

“{Broadly speaking, any confidential business information which provides an enterprise a competitive edge may be considered a trade secret. Trade secrets encompass manufacturing or industrial secrets and commercial secrets. The unauthorized use of such information by persons other than the holder is regarded as an unfair practice and a violation of the trade secret. Depending on the legal system, the protection of trade secrets forms part of the general concept of protection against unfair competition or is based on specific provisions or case law on the protection of confidential information.

The subject matter of trade secrets is usually defined in broad terms and includes sales methods, distribution methods, consumer profiles, advertising strategies, lists of suppliers and clients, and manufacturing processes. While a final determination of what information constitutes a trade secret will depend on the circumstances of each individual case, clearly unfair practices in respect of secret information include industrial or commercial espionage, breach of contract and breach of confidence.”

I guess it is another exaample of not reaping what you didn’t sow.

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I am on “Board”.(16)

RDECOM Board of Directors holds meeting

RDECOM Board of Directors holds meeting (Photo credit: RDECOM)

Board_directors_heidelberg.jpg

Board_directors_heidelberg.jpg (Photo credit: Wikipedia)

Whenevern I hear the term, Board of Directors, I imagine a bunch of men in suits sitting around a long table talking about whon kinnows what??? I knbow understand that there is moore to it than that…

The board of directors are elected by the shareholders and they are responsible for formulating policy decisions that affect the management, supervision, control and operation of the corporation.

The board of directors are composed of inside and ouside directors.  An inside direcdtor is also an officer of the corporation. An outside director is a member of a board of directors whomis not an officer of the corporation. They are often selected for their business knowledge and expertise, like bankers, lawyers and others.

There are regular meetings which are held at the times and place established in the bylaws

McDonald’s is my kind of place….(15)

China's FIRST McDonald's

China’s FIRST McDonald’s (Photo credit: flickr.Marcus)

When I think of a franchise,

McDonalds

McDonalds (Photo credit: James Ellsworth)

I think of McDonald’s fast food restaurant. I love McDonald’s and would love o own one. By owning a McDonald’s, I get to use the trade name, trademarks, commercial symbols patents, and other property in the distribution and selling of McDonald’s goods,. What else could ask for anything more??

I would have access to all the other McDonald’s knowledge and McDonald’s known name that is known all around the world. The most important thin in owning a McDonald’s would be location, location, and location. The wrong location could be detrimental to any business, even a McDonald’s. It might not seem like the greatest ambition, but I would  like to own a McDonald’s one day.

IM000549

IM000549 (Photo credit: subewl)

Am I Credit Worthy???????? (13)

credit

credit (Photo credit: the|G|™)

Student Loan Debt Bubble, 1980-2011

Student Loan Debt Bubble, 1980-2011 (Photo credit: Occupy* Posters)

So far the only credit I have is a student loan. I know that when I graduate or leave school, I have to start paing back . Although my mother is the surety because she guarantees payment if I default, I am the debtor and whoI borrowed the mony from is the creditor. I know that maintaing good credi is iymportant in the world in which we live. So I know the importance of repaying my debt. I found the following article and thought that it sums up everything very well.

Credit, especially good credit, is very important. It affects almost every  major buying decision. Good credit can help us get a good rate on a credit card,  car loan or home mortgage. It can also help us when it comes time to sign an  apartment lease agreement or maybe even get a new job. But how do you get good  credit?

  • Getting good creditTo get good credit, you have  to have credit. Good credit ratings are gained when you borrow money and pay it  back on time and for the full amount. Let’s say you have a credit card from a  gas station that you use only for gas because you don’t carry a lot of cash  around. Each time you go to the station, you use your card to fill up your car.  In so doing, you are promising to pay the credit card company back when you get  its statement. When the statement arrives, you pay off the amount owed on time.  The gas company that issued your card then reports to a credit bureau that you  have paid on time and for the right amount. The more good reports that go to the  credit bureau, the better your credit.
  • Benefits of good creditHaving a good credit  report enables you to borrow more money at better interest rates. Why? Because  the banks know that based on your credit history you are a responsible person.  Many potential employers also look at credit reports as a way to judge a  person’s responsibility. Hence, your good credit may even help you land a new  job.

There is nothing good about bad credit. It is the exact opposite of good  credit. While good credit helps you qualify for car and home mortgage loans, bad  credit could keep you from being able to buy these large-dollar items. It will  also keep you from qualifying for credit cards and may possibly hinder your  ability to rent a house or apartment.

  • Getting bad credit It is very easy to get bad  credit. Bad credit ratings happen when a person does not pay back money borrowed  on time or when that person simply doesn’t pay it back at all. There are varying  degrees of bad credit. A person is not automatically given a bad credit rating  if he misses a payment or is late a time or two. However, if a person is  continually late or he does not make a payment for several months, his credit  rating will be affected and could possible hurt him in the future.
  • Fixing bad creditCredit ratings, even bad ones,  can be improved and fixed. Depending on the situation, with responsible credit  usage and prompt payments, bad credit can turn into good credit over time. The  first step is to understand what your credit rating is by pulling your credit  report. Credit reports are available through one of the three major U.S. credit  bureaus: Experian, Equifax and TransUnion. Because of a change of law in 2005,  each of the credit bureaus must provide you with a free credit report once a  year, through www.annualcreditreport.com.

Understanding your credit report will help you determine if there are errors.  It will also make you aware of what steps you need to take to improve your  credit.

Is it a Good or is it a Service (12)

I now understand that there is a distinct difference between goods and services. I use to think that they were bought the same but they are not. th

Good are tangible things that can be moved  at the time of their identification to a contract.

Services are basically something n0n tangible that is done for an individual like medical services, dental services or legal services

When I think of a good and service, I think about the barber shop

English: Barber shop

English: Barber shop (Photo credit: Wikipedia)

where I get my hair done.The barber is cutting my hair which is a service, yet the clippers he uses to cut my hair is a tangible good. If something happened, causing my head to break out in hives and the clippers were recalled, he wouldn’t be responsible because he was not the manufacturer of the clippers.  This may not be the best example. Maybe if there was an electrical problem with the clippers causing a person’s head to singe. Never on these things have ever happened to me.

The reason that I bring this all up is that I like the case study of Brandt v. Boston Scientific Corporation and Sarah Bush Lincoln Health Center.

Boston Scientific

Boston Scientific (Photo credit: Wikipedia)

Brandt received a defective sling during an operation for a urinary incontinence causing her medical complications resulting in the sling being removed. When she sued the Health Center, they felt that since they were only the provider of services, they should not be held responsible for the defective sling.

I do not agree with the fact that they are not liable. I believe that the provider of the services has some responsibility for making sure of the products that they use. If my barber did something to my head, I would automatically hold the barber at fault. The provider should be sued and then they in return should sue the manufacturer.

IT’S MY BUSINESS!!!!!! (14)

I always wanted to be a businessman. I thought it would be really cool to own my own business. I just never knew what kind of business I wanted to be in. I never really had a passion for anything. My mother is a big inspiration to me. Besides working 45 hours a week at a steel mill, she also has a couple of businesses on the side. She has several bulk vending machines in town and a couple of rental properties. She also sells Avon. I asked her if she considers herself a business woman or entrepreneur and she said no. She said that she only does these ventures to make ends meet. She call her businesses passive incomes because separately they do not bring in a lot of money but together they are a small income. She said what is good about her side businesses is that she doesn’t have to hire anyone and only check on her businesses once a month.English: Vendstar 3000 Vending Machine at Appr...

Well to me she sounds like an entrepreneur.  She formed and operates a business. She is also the sole proprietor of her business. She makes all decisions. She owns all of her businesses and is entitled to all profits and she has the right to sell her  business if she so desires. I asked her why she picked the businesses that she did. She explained that because she had a full-time job, she wanted something that would not conflict with that, yet bring in another income She said it would nice have a business in which it is something that you love but that not everyone is that fortunate. She said that she pays taxes on businesses. The textbook explains  that a sole proprietorship is not a separate legal entity, so it does not pay taxes at the business level. Like my mother, the earnings and losses are reported on her personal income tax returns. She files tax returns and pay taxes to state and federal governments.

Tax

Tax (Photo credit: 401(K) 2012)

Funnily, my mother is in the candy vending business but doesn’t eat or like candy. She said as a child, she never liked candy or gum because it makes your fingers sticky. Yet, this is one of the businesses that she chose. She said that she doesn’t have to worry about eating her profits and we have to pay for her candy like everyone else.

Most bulk candy machines have adjustable candy...

Most bulk candy machines have adjustable candy wheels that allow the owner to control how much product is dispensed per vend. Some machines also have gumball wheels. (Photo credit: Wikipedia)

I know that I would love to be an entrepreneur. I would love to have my own business and not have to work for someone else. I always wondered why my mother didn’t quit her day job and go into her businesses on a full time basis. She said thatbit was because she was scared and her day ob is her cushion until she sees that her other business arfe making more oney than her job income and even then she probably wouldn’t quit her day job. Go figure

I Hate Spam and I do not mean the food but I hate the food too. (11)

The definition of spam is unsolicited email, often of a commercial nature, sent indiscriminately to multiple mailing lists, or newsgroup. In a word, spam is junk email. If I o not check my email for  a couple, my email adddress is bombarded with hundred of spam. At times, sorting through all that mail has made me mistakenly bypass email that I wanted to see. I am glad to read about the Federal CAN-SPAM Act prohibiting spammers from using  falsified headers in e-mail messages.

What's for Dinner! - Spam

What’s for Dinner! – Spam (Photo credit: brizzle born and bred)

 

 

 

 

 

The following taken directly from the interent are some tips on how to stop spam:

screenshot of an email inbox filled with spam

screenshot of an email inbox filled with spam (Photo credit: Wikipedia)

1

Look for warning signs. There are three simple ways to try to tell if an email program is spam.

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  • Look at the ‘person’s’ name. When looking at your mail, look closely at the person or robot’s ‘name’. Most spam is named with a first name and a last name, i.e. Morgan Freeman, Taylor McJessie. Do you recognize the name? If not, it’s probably spam. Remember that most message users use nicknames.
  • Look at the time it was sent. Most spam is sent between midnight and 4:00am.
  • Look at the file size. Almost all spam will be 3KB. Most spam will contain a small sentence like “Hey, I’m Victoria, wanna date,” and include a link to a webpage. At the end of the link, will be a mix of random letters. Do not click the link.
  • If you’ve done the above three things and still aren’t sure, click on the message. Clicking on the message will not harm anything, but if there’s a link, do not click it!
  • 2

    Stop posting your e-mail address on a public forum or website. It is estimated that 95% of all junk e-mail is caused by a person publicly disclosing his or her e-mail address. There are many robots and scripts that automatically scan websites for e-mail addresses. Also, sometimes humans actually grab e-mails off websites to use them for sign-up offers in order to get free stuff (iPods, Ringtones, Televisions, etc.).

    • If you must provide contact information, try writing it out in creative ways such as Me ~at~ yahoo ~dotcom~. There are alternative ways of displaying your email address while making it hard for spambots to harvest it. Such methods include using image picture of your email address or using Javascript to dynamic construct the display of your email.
  • 3

    Avoid certain sites and software programs. These include the following:

    • Popular newsgroups. Robots often scour these lists for addresses.
    • Software like BonzaiBuddy or similar programs. If these companies don’t immediately sell your information to a spam company, they are subsidiaries of spam companies themselves and the software is spyware
    • Chat rooms like Yahoo Chat or IRC. Spammers or spambots are actively mining in popular chat rooms like AOL and Yahoo chats, where e-mail addresses can be correctly guessed just by adding the proper@whatever.com to the username of a chat room visitor.
  • 4

    Use spam blocking tools. Most webmail providers offer them, or you can download one.

    • Use the “This is spam” button if your email provider has one. This submits the email to their spam-control people who can take care of business and improve their anti-spam filters.
    • If you have a Yahoo! account you can use their discardable addresses method.
    • Use Spam Gourmet, or others like it, with any email account
    • If you are using MS Outlook, try installing a spam filtering plugin, for example SpamAid or SpamReader
    • Use the ‘Block’ list and add the spammer’s domain name only. (However, this may not be that effective, since spammers normally use temporary addresses).
    • Limit incoming e-mails to those in your address book and have all others put into a “Junk” folder, which you can skim through quickly and clear regularly.
  • 5

    Report spam. Before you delete your spam, forward your spam to: spam@uce.gov as this is the Spam box for FTC (Federal Trade Commission). Mail sent to this box is investigated. If it is indeed spam, the original sender can be charged $500 per email. The more mail they get from different users but same spammer, the more it’s likely to be investigated.

  • 6

    Use disposable addresses to identify and shake off sources of spam. Have one main account.

    • Make a separate account for different purposes (one for friends, one for entertainment sites, one for your financial websites, etc.).
    • Set all those addresses to forward the mail to your main account so that you don’t have to check multiple accounts.
    • If you start receiving spam through one of your alternates, you can trace it to one of your disposable addresses and simply delete that account.
    • Track which groups of recipients return the most spam and be more selective.
  • 7

    Avoid clicking links within Wiki essays. A current spam attack involves “essay spammers”, where spammers insert random links to sites related to essay-writing services. Another spam attack is spambots creating random pages related to subjects like UGG Boots. These pages also include random links to other subjects, whether or not they’re related to the subject or even placed in a grammatically coherent way.

    I hope that this blog can help someone because it sure helped me.