Sign Up Now
Get instant access to over 1 million+ study documents
OR
Already registered? click here to login
By creating your account, you agree to our terms of service, privacy policy and student honor code.
Corporate espionage is and interesting topic and it mirrors espionage that is conducted by governments except for the fact that the activities are directed at commercial purposes as opposed to national security or other related items. Corporate espionage, also called industrial or economic espionage, encompasses a wide range of different activities that involve the illegal acquisition of trade secrets or other corporate information that can be used for financial gain by some other party. The most common forms will covertly uncover information about designs, methods, formulas, manufacturing processes, research, or future plans. Such information can be acquired by disloyal employees, students, private firms, online, or through many other such activities.
There is also a fine line between legally acquiring information and doing so in an illegal fashion and the rules that govern such questions vary significantly by location. The difference between competitive intelligence and corporate espionage would seem obvious: one is legally getting the information you need to run your business competitively; the other is creeping...
Therefore many professionals may be crossing the line without even recognizing the fact that they are performing an action that could be deemed as illegal.
Notable Cases
While some forms of espionage are subtle, others are incredibly blatant; especially in developing countries. On January 5th, 2013, in a night raid, a gang of criminals broke into a factory near Shanghai owned by Mercury Cable, an American manufacturer of high-voltage equipment (The Economist, 2013). The thieves that orchestrated the robbery took not only raw materials but machinery from production lines as well. The business owners believe that the manufacturing company's local management was responsible for the heist but local police would not pursue the four managers who were implicated. The most dangerous local thieves are "PhD pirates," says Peter Humphrey of ChinaWhys, who consist…
Works Cited
Gupta, A., & Wang, H. (2011, May 20). Safeguarding Your Intellectual Property in China. Retrieved from Bloomberg: http://www.businessweek.com/globalbiz/content/may2011/gb20110520_313022.htm
Smith, B. (2012, November 12). Corporate espionage vs. competitive intelligence. Retrieved from The Globe and Mail: http://www.theglobeandmail.com/report-on-business/careers/business-education/corporate-espionage-versus-competitive-intelligence/article4933482/
The Economist. (2013, February 23). Who needs cyber-spying? Retrieved from The Economist: http://www.economist.com/news/china/21572250-old-fashioned-theft-still-biggest-problem-foreign-companies-china-who-needs
Welch, C. (2013, April 5). Silicon Valley voices opposition to China cyber-espionage provision. Retrieved from The Verge: http://www.theverge.com/2013/4/5/4188396/tech-companies-voice-opposition-china-cyber-espionage-provision
Intellectual Property and Corporate Espionage Corporate espionage is an illegal activity though it is on rise in industrial settings. Organizations consider it as one of the techniques to increase their market share and beat the competitor. Various laws have been approved to combat these practices on domestic and international levels. Violation of these acts can result is heavy fines and suspension from business sector. The advent of information technology has revolutionized the
Corporate Social Responsibility Initiatives A corporation that responds positively towards social issues is considered socially acceptable. There are some corporate social responsibility initiatives which the firm should take in order to get socially responsible. There are five main corporate social responsibility initiatives: Philanthropy, Work/Life programs, Community redevelopment, Acceptance of whistle blowers and Environmental protection. Philanthropy The first way is to donate a lot to charities. These include hospitals, colleges and nursing homes. Many
" Fiscal year 2007 was ended with sales worth more than $37 billion and with a total staff number of 103,000 employees. The Ongoing Battle against Coca Cola PepsiCo and Coca Cola's endless disputes have been organized by the specialized literature under the syntax 'cola wars'. They generally received this name due to their intensity and their continuous occurrence, but also for the not always positive effects they had upon the two
His ideas are not important for their uniqueness (though they are singular), but because of the essential similarities between his conservative business utopia and other versions of collectivism" (Gilbert, p. 12). This biographer reports that King Camp Gillette was born in January 1855, the fifth of seven children, to George Wolcott Gillette and Fanny Camp Gillette, in Fond du Lac, Wisconsin; when King was four years old, the family
Canadian forces in Afghanistan, and whatever location those forces are directed to by the Canadian Government to protect Canada at home and its interests around the world, should be supported with intelligence sources that are directly focused on Canada's security needs and objectives. Foreign intelligence is more than identifying and taking counter-terrorism defence actions. Aaron Shull, a law school graduate who also holds a master's degree in international affairs helps
Pepsi Problem In this case, Pepsi is under scrutiny because of some allegations that an ad campaign of their brand Mountain Dew were offensive. An aggressive marketing agent for Mountain Dew had recently created a unique ad campaign that may have used some urban or racial themes in the context of the commercial. The commercials may depict violence and crime within the black community if interpreted in that manner. As a