A ______ is a proprietary idea, process, formula, technique, or device that a company uses to its competitive advantage.

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Quizplus · Accepted Answer

A trade secret is a type of intellectual property that refers to confidential information owned by a company that gives them a competitive advantage. Unlike patents, trademarks, and copyrights, trade secrets are not publicly disclosed and are protected by non-disclosure agreements and other legal measures.

A ______ Is a Proprietary Idea, Process, Formula, Technique, or Device