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Highest Paying MBA Specialization: Finance Jobs Description

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Finance, as the name sounds itself is one of the highest paying MBA specializations these days. There are a number of students, who are not familiar with the job roles in this particular specialization. Let me tell you that Finance has the largest variety of jobs in MBA. Here in this article I will be going to cover this part. Hence, it could be a valuable one for you if you are looking for the same as well.

Corporate Finance

A job in Corporate Finance is like working for a company to find as well as manage the capital required to run the venture. It is done through minimizing the financial risk whilst maximizing the corporate or company’s value. Here you may have to set financial strategy, getting ready with financial statements, forecasting P/L etc. In addition, Corporate Finance includes post like Financial Analyst.

Investment Banking

There is no doubt that jobs in Investment Banking is dream job for most of the MBA applicants with Finance specialization. It deals with assisting the corporate securities issuance and providing these to investors to buy. At the same time as trading securities as well as giving financial recommendations to both corporations along with wealthy individual investors.

Commercial Banking

Commercial Banking involves financial institutions or banks in a simple word. It starts from local banks to large financial entities. Jobs are available here in this domain like Loan Managers, Operation Manager, Bank Tellers, Branch Managers etc.

Hedge Funds

It mainly deals with purchasing or selling the funds, which is unregulated private investment, spread out as wide array of assets and financial products. It is also considered as one of the glamorous jobs in Finance. Jobs like Regulatory Compliance Officer, Trader, Quantitative Analyst, Portfolio Manager, Marketing Manager are available in Hedge Funds sector.

Private Equity and Venture Capital

Here in this domain the professionals are responsible for both the growth of the funds as well as development of the current operations. Keeping up the corporate business transactions by making available of enough funds is one of their major duties, like restructurings and managed buyouts. A private-equity job may engage working as a provisional executive as well.

Public Accounting

Everyone knows that the domain of Public Accounting is quite extensive. Therefore, a number of opportunities are there. A Public Accountant keeps record of all the business transactions, prepares or helps to prepare company’s financial reports and further auditing. In addition to, such jobs also deal with the tax return and financial consulting services.

Stock Market

Last but not least, this is one of the most significant areas where the MBA applicants with Finance specialization could do something great. If you are a good financial analyst and importantly your forecasting skill is excellent then this domain of Finance can change your life. Here the maximum growth you can expect as a Stock Market Trader or Trade Analyst.

Therefore, you can see that a number of job opportunities are there in Finance specialization. These not only give you a good start but it will grow your career to the peak level. So, if you are good with numbers and looking for getting into MBA then you are not supposed to miss such an excellent opportunity that only Finance can give you.

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Intellectual Property and International Law: What Every Business Should Know About Border Protection

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The saying once was that if you build a better mouse trap the world will beat a path to your door. Today, if you build a better mouse trap, your competition may beat a path to your customers’ doors. So, how are customers to identify your better mouse trap? Obviously a patent can offer protection as can a trademark. But what can you do if you are worried that your competitors will be outside the United States?

How will you keep a watch on all of your competitors? What if someone brings mouse traps just like yours into the country and sells them? What if a foreign competitor labels its mouse traps the same as yours and the purchasers think they are buying your product? How much will it cost to keep up with all of this information? Are there companies which can be hired to monitor the problem for you?

The solution to this serious problem is actually much less complicated and expensive than you might expect. Because of its unique position of monitoring imports and exports, the U.S. Customs Service can provide assistance. The procedure is to record your trademark, trade name, copyright, or patent information with the Customs Service. As each is different, each of the procedures and limitations will be reviewed.

Trademarks and Trade Names

If the U.S. Patent and Trademark Office has registered a trademark, a status copy of the certificate of registration and five copies can be recorded with the Intellectual Property Rights Branch of the U.S. Customs Service.(1) The address will appear in the regulations published at 19 C.F.R. §§133.1 et seq. While no special application form is provided, the regulations do set out the information that must be included. The regulations require that 8 x 10 1/2 inch paper be used for the application. The current cost is $190 per class of goods based upon the classes listed on the certificate. The recordation remains in force concurrently with the 20-year trademark registration period and may be renewed. The regulations also establish rules for change of ownership of a recorded trademark.

There is no federal trade name registration without trademark registration, thus there is no certificate which can be issued for trade names. A trade name or trade style used for at least six months may be recorded to identify a manufacturer or trader. Trade names are different from trademarks although the same mark or symbol may be used for both purposes. If a symbol is also used as a trademark, it cannot be recorded with the Customs Service as a trade name without regard to whether or not the mark has been registered with the Patent and Trademark Office. In other words, the trademark protection is assumed to be adequate.

Because there is no central national registry for trade names registration, after an application to record the registration is filed, the proposed trade name is published in the Federal Register. Interested parties may oppose the recordation but, of course, this requires one to review the Federal Register.

After consideration of opposition, the Customs Service publishes a notice of final approval or disapproval in the Federal Register and the Customs Bulletin. This is very important as a Louisiana company which enjoys a state trade name registration with the secretary of state of Louisiana may lose the right to object to registration by someone from another state if the description of the products associated with the trade names are the same. Thereafter, if the Louisiana company attempts to import a product bearing its trade name into any state, including Louisiana, it could be barred from doing so because a company from another state has recorded its trade name with the Customs Service. Obviously, this can become a race to filing with Customs and the result in such a case would most likely be exclusion of the goods or the posting of a bond by the Louisiana company followed by litigation. Protection for a recorded trade name remains in force as long as the name is used but may be cancelled for disuse.

Protection for Trademarks and Trade Names

Regulations state that articles bearing a mark copying or simulating a registered trademark or trade name shall be denied entry and may be subject to forfeiture.The regulations, however, make a very important distinction between “simulating” marks, which are those which so resemble a recorded mark that it is likely to cause the public to associate the copying or simulating mark with the recorded mark or name, and a “counterfeit” trademark, which is indistinguishable from a registered trademark.

Foreign-made products bearing copying or simulated marks are subject to seizure and forfeiture as prohibited substitutions. There are, however, several exceptions, the most important relating to “gray market” goods. “Gray market” goods are goods made outside of the U.S. with the permission of the intellectual property owner or where there is a common ownership or control between the domestic and foreign producers but the product is imported into an unauthorized market (in this context usually the U.S.). This is a very ripe area for dispute, although the Customs Service has apparently decided not to be the arbitrator of disputes arising from conflicts between U.S. and foreign producers who should be working together.

When gray market goods enter the country, the owner of the recorded mark is notified and may resort to litigation. How does the Customs Service know what are “gray market” goods? A great deal of initial information will come from the application to record the trademark or trade name. Therefore, it is imperative in the application phase to determine the present or future possibility of gray market goods and to structure deals so the gray market goods exception does not render the protection useless.

Other exceptions include when the recordant itself imports goods, when the recordant gives written consent to importation, and when the objectionable mark can be removed or obliterated (this does not, however, apply to articles bearing counterfeit marks).

Special Rules for Counterfeit Goods

The regulations provide, in part, that if an article bears a mark which is counterfeit, in the absence of written consent of the trademark owner, the property shall be seized and forfeited.(2) After seizure, the registrant is notified of the seizure and of the quantity of goods. If the registrant does not provide written consent to importation, exportation, entry after removal of the mark, or other appropriate disposition, the goods are kept by the government, given to charities, or, if possible, sold. Because the regulations provide such harsh penalties against counterfeit goods, most violators take great care to make their marks “simulating” rather than “counterfeiting,” with the hope that, if caught, they can remove the marks and avoid forfeiture. Thus, in order to obtain the fullest protection, a recordant must recognize that the mere recordation will not solve all potential problems and one may still have to seek a court order in the event Customs determines a mark to be simulating as opposed to a true counterfeit.

Anticounterfeiting Consumer Protection Act of 1996

On July 2, 1996, President Clinton signed the Anticounterfeiting Consumer Protection Act of 1996. Section 3 of the Act establishes counterfeiting and the trafficking of goods bearing counterfeit marks as a racketeering crime. Like any other criminal law, one can conspire to and attempt to violate the law. Further, since criminal law is involved, this opens the door for civil penalties as well. Section 10 of the Act modifies 19 U.S.C. §1526 to state that any person who directs, assists financially or otherwise, or aids and abets the importation of merchandise for sale or public distribution that is seized, shall be subject to a civil fine. What is missing from the civil penalties subsection are words such as “knowingly” and “intentionally” so those involved in importation must do what they can not to assist, aid, or abet. Attorneys, C.P.A.s, freight forwarders, customs brokers, bankers, and just about everyone involved must now do their part to stop trafficking in counterfeit goods or face penalties. This also includes owners of vessels, vehicles, and aircraft, as §13 of the Act forbids unlawful use of these in violation of the criminal provisions. Violations could lead to seizure of the vessels, vehicles, and aircraft, as is common in drug matters.

The Act is further strengthened by §§11 and 12, which call for public disclosure of aircraft manifests, and by allowing the Secretary of the Treasury to prescribe new regulations for entry documentation to determine if the goods sought to be imported bear an infringing trademark. One must remember to check for new regulations in the Code of Federal Regulations and the Federal Register before taking any actions.

Goods Already Passed Through Customs

Another powerful regulation is 19 C.F.R. §133.24, which allows for a demand for redelivery after release of the merchandise. If goods were released by Customs and the recordant discovers this, the port director (a Customs official) is to make demand on the importer for redelivery of the goods. If they are not redelivered, i.e., have already been sold, a claim for liquidated damages may be made.

Copyright Protection

Claims to copyrights which have been registered in accordance with the Copyright Act of July 1947, or the Copyright Act of 1976, may be recorded with Customs for import protection. An application to record a copyright must include a statement of actual or potential injury, the country of manufacture of the genuine copies or phonorecords, along with information identifying the copyright owner and all foreign persons or entities authorized or licensed to use the protected work.(3) An “additional certificate” of copyright registration issued by the U.S. Copyright Office must also accompany the application and five photocopies of the copyrighted work (except where the copyright covers a book, magazine, periodical, or similar matter readily identifiable by title or author). The recordation remains in effect for 20 years, unless the copyright ownership expires before that time.

As with trademarks and trade names, importation of infringing copies is prohibited. If the port director determines that an imported article is an infringing copy or phonorecord, it will be seized and the importer notified. The importer is then given an opportunity to contest the allegation that the article infringes a recorded copyright. If the importer contests the allegation, the copyright owner is supplied with a sample and notice that the copyright owner must demand exclusion, post a bond, and submit legal briefs, evidence, and other pertinent material to substantiate infringement. The burden of proof is on the copyright owner.

The copyright infringement procedure is as complicated as any administrative matter and there are important deadlines and cutoff dates which must be complied with. If the material is found to infringe on the copyright, the works are destroyed unless some “conditional” relief is possible. One such relief is to allow articles seized or detained to be returned to the country of export if the importer can show that he or she had no reasonable grounds for believing that his her actions constituted a violation. If articles infringing on a copyright have already cleared customs, the port director is promptly to demand redelivery, subject to a claim for liquidated damages if the articles are not redelivered.

The Anticounterfeiting Consumer Protection Act of 1996 provides criminal and civil protection for phonorecords, computer programs, packaging, and documentation, and motion pictures and other audiovisual works.

Patent Protection: Patent Surveys

The first requirement is that the patent be issued by the U.S. Patent and Trademark Office of the Department of Commerce. Since patents are more complicated than trademarks or trade names, obviously the Customs Service cannot check each item to determine how it works and if there is a violation of a patent. Some patent infringements may be quite obvious, while others may be quite difficult to detect. Thus, the Customs Service has only limited authority to assist patent owners and more active participation by the patent owner is required.

The remedies for patent owners are exclusion orders and seizure and/or forfeiture orders issued by the International Trade Commission under §337 of the Tariff Act of 1930. These orders are issued as remedies against the sale after importation of articles which infringe upon a patent or registered copyright, or which are made by a process covered by the claims of a patent. The major problem for U.S. patent owners is discovering who is infringing on the patent. The U.S. Customs Service can assist by providing the patent owner with the names and addresses of importers of merchandise which appears to infringe a registered patent.

Applications for patent surveys require the name of the patent owner, a certified copy of the patent, with additional photocopies, a statement of the requested length of the survey (two, four, or six months), and a list of all merchandise which is believed to infringe the patent, or in which it is a possible component part. Additional required information is the Harmonized Tariff System classification number, trade names, trademarks, and a statement of the manner in which the patent is used. Also required is a sample chemical analysis or other information used to identify the patented product or process. The Customs Service also requires identification of any information supplied in the patent survey application which is confidential or privileged.

The present costs of patent surveys are $1,000, for two months, $1,500, for four months, and $2,000, for six months. The more complicated the patented product or process, the more the patent owner will need to discuss the survey with Customs to better learn how to show the Customs officers what to look for in potential violations. If a patent survey demonstrates possible infringement, the evidence may be used to bring an action before the International Trade Commission.

Conclusion

The possible protection which the U.S. Customs Service has to offer U.S. trade name, trademark, copyright, and patent owners is not only unique, but is highly cost effective. Accordingly, businesses simply cannot ignore these forms of protection. This is particularly so for small to medium size businesses which cannot afford any reasonable alternative.

(1) 15 U.S.C. §1124.

(2) 19 C.F.R. §133.23a.

(3) 19 C.F.R. §133.32.

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5 Most Common Side Effects of Cancer Treatment And Their Management Strategies

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More than 2 million people around the world are diagnosed with cancer each year. Depending on the type of cancer that they suffer from, oncologists may suggest a combination of surgery, radiation, chemotherapy, hormone therapy, stem cells transplant, or immunotherapy as a part of the treatment plan.

Each cancer patient and their family members end up spending thousands of dollars to seek good quality cancer treatment. However, there is more than just the financial expenses. They also end up losing a big chunk of their physical and mental energy, primarily because of the aftermath of the cancer treatment.

Cancer treatment often produces a series of side effects that patients find difficult to deal with. Not all patients experience these side effects, but those who do have no idea how they should manage them to make their lives easier.

Cancer treatment side effects can not only make the patient uncomfortable and worst if they are not able to stick to their treatment protocol. In fact, the side effects may even reduce the effectiveness of the treatment if nothing is done to manage them.

The following are some of the most common side effects of cancer treatment and the ways to manage them:

#1: Fatigue

It is estimated that more than 70 percent of the cancer patients experience fatigue after undergoing cancer treatment, especially chemotherapy and radiation therapy. Fatigue that is not controlled by resting often ends up affecting the way how the patient conducts his or her daily activities after the treatment.

The following strategies can help manage fatigue after cancer treatment:

  • Reduce your workload
  • Rest whenever you feel tired
  • Exercise everyday
  • Take a nutritious diet

#2: Hair loss

Hair loss is one of the most common side effects experienced by cancer patients after chemotherapy. The high dose of drugs destroy the rapidly growing cells, including cancer cells and hair roots. This is the reason why cancer patients may lose hair from their scalp, armpits, eyebrows, eyelashes, and private regions.

Even though hair grows back normally in a few months the following strategies can help manage hair loss after chemotherapy:

  • Use a hat, scarf, or wig to cover your scalp.
  • Try cooling the scalp.
  • If approved by the doctor, take the drug minoxidil.
  • Let hair fall out on their own without getting yourself stressed. They will grow back eventually.

#3: Diarrhea

Some drugs used to treat specific types of cancer may affect the intestines. The active ingredient contained in the drug may react with the enzymes produced by the intestinal bacteria and cause discomfort and diarrhea is one of them. This side effect is reported in almost 30 percent of the cancer patients.

Here are some of the strategies to manage diarrhea resulting out of cancer treatment:

  • Only eat food items that are easy to digest
  • Avoid fiber-rich foods as they can worsen diarrhea
  • Increase your fluid intake

#4: Decreased libido and sex drive

Some patients may experience sexual dysfunction after cancer treatment. This is especially true in the case of patients who have had received treatment for cancers related to the bladder, prostate, colon, and rectum. However, this side effect is not just restricted to males. Females, too, can experience sexual dysfunction after receiving therapies for breast, ovarian, or cervical cancer.

Cancer treatment decreases sexual drive by affecting the nerves, hormones, and vessels that control sexual activity and mechanism. In addition, increased stress and anxiety can also hamper sexual activity of the cancer patient.

The following strategies can help manage sexual dysfunction in cancer patients:

  • Sildenafil (Viagra) administration for treatment of erectile dysfunction in males
  • Women are advised to talk to their doctor about the changes in their sexual drive

#5: Itchiness and redness

Sometimes the drugs administered may react internally and cause an irritation of the skin. This may lead to excessive dryness, redness, and itchiness. In addition to the changes related to the skin, the nails may become pale, brittle, and dark because of the chemotherapy drugs.

The following strategies can help manage changes related to the skin and nails:

  • Use mild and fragrance-free lotions, soaps, or cream. It can help treat minor irritation to the skin.
  • Certain drugs such as cyclophosphamide and methotrexate can cause dark or golden pigmentation. Ask your doctor for more information.
  • Some doctors ask the patient to wear frozen mittens during chemotherapy. It is believed that it helps drugs from reaching the hand.
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7 Easy Steps To Create Cheap And Best Online Shopping Store

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How it would be if small business people are provided by some cheap and best business solutions that at once make them big businessmen from small retailers? Are there any such solutions available in the world? If available, how can one get them?

For each and every above question there is an answer in the market now. This is all made possible by the latest internet technology that effect social life in all corners of life today. When the mobile phone was first introduced, it was serving as a mere phone. But now, every one is enjoying its multiple services. In the same way, the growth of internet penetration is opening gates to new business opportunities for retailers.

Cheap online store builders are widely available now in the market and converting every small retailer into big businessman. Following some simple steps any retailer can enter online market.

A few easy steps enable you to build cheap online shopping store within no time that expands your business to new boundaries.

1. Easy affordability. It is not a matter of even half a dollar too. Paying a very nominal price, a small retailer can also avail the services of cheap online store builder.

2. This online store builder helps you how to create cheap online shopping store. Without having any designing knowledge or HTML or any kind of technical background, anyone can simply build online stores.

3. If the online store builder provides you with a vast product data bank with more than 20,000, that will definitely enhance your selling capacity, which will cover all categories of products in online market. POS system makes you add as many products as you want to add to your online store.

4. Easy online advertisements like linking to yellow pages, directories and shopping directories will bring awareness among the online customers and make your online store to be searched easily. This certainly increases footfalls to your concrete store.

5. Since the middle class customers are also entering online shopping, the expectations of online sales are very much high. If retailers can reach them with their online stores and satisfy them in online shopping, it will really lead to a big success in online marketing.

6. Securable and multiple payment gateways assure customers to pay online without hassle. 100% protection from misappropriation of credit and debit cards etc.

7. The order management system receives the order from customers and sends an immediate auto reply to them revealing the delivery time. Offering the best and genuine goods to your customers taking them satisfaction level to delight, you can enjoy the long lasting customer rapport.

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5 Major Tips to Find The Best SEO Business

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When it comes to finding the best SEO business, then you have to consider lots of things. Even newbie don’t know that what are major and important factors that they should be considering. It can make harder to take a decision, and it can make you take the wrong decision. But, there is no need to worry about a single thing. This guide will help you find a good company with ease. And, you can follow all the major five tips where you will be considering the vital aspects.

1. Look for Local SEO Businesses

One can easily find that there are so many companies in the local that do SEO. However, choosing the right business is a hard thing which can require attention to many factors. If you want to find the right one and don’t want to face any issue, then search SEO company and add your city name as a suffix. Many results will pop up, and you will find companies that are nearby and able to help you with ORM and boosting your traffic easily.

2. Portfolio

Every company has a portfolio and testimonial section which you can out easily without any issue. Check out the portfolio and the testimonial to know what does the SEO company offers. It is really an important part to take into consideration while looking or the best one. Even if you want to find the best SEO business and don’t want to face any kind of issue lately then considering this factor will ease up the work in many ways and you can rely on it. Isn’t it a better option and reliable to take into consideration.

3. Feedback Of Previous Clients

Google can help you know more about an agency. As you out online to find the best SEO business, then you will see that Google offer rating and review section for every company. Check out what other say about the business, it will help you ensure whether the service provider is reliable or not. Check out all the reviews, and the majority of reviews will help you conclude. Isn’t it easy and better option than others? You avoid mistakes and find the right service provider through this method. After checking the reviews, you just need to contact the SEO business and ask plenty of questions.

Conclusion

To conclude, you can take reviews into consideration along with the price of services. If you don’t want to get overcharged then choose a company that is reliable and have positive reviews all around. A reputed business is always a little bit costly, but you are going to avail premium services, better customer support, and instant results. Even there is insight provided for every week, and you get significant results. Many companies bring an affordable option that can surely help you meet the need with ease. Always find the best SEO business that is licensed and has a good experience in your niche.

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What Network Marketing Can Offer to the New Prospects

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Attracted and interested people who are planning to engage themselves in the growing industry of home-based network marketing or MLM usually ask themselves this single question:

“What can I get from it?”

Every one of us, human beings, would always ask this very same question every time we are into the point of making an important decision in life, especially when it comes to networking. This attitude may seem very selfish of us or we might feel that we are too demanding. But this is the natural reaction and thinking of people since the business requires effort, time, and money before it succeed.

Before you enter into such business, you may want to think wisely by asking yourself these questions:

1. Will I be able to generate more leads and bring people into the business using the company’s network marketing plans and strategies? Will the methods be enough to have success in the business?

2. Will I be able to show my prospects what they can get from the business and that they will also generate high income and high business leads through the lead generation techniques that I am using?

Even though the company is able to provide you with graphics-full and glossy brochures and leaflets plus the promise of giving your down line a 6-figure monthly income as the main attraction in introducing the MLM business, it will all come to nothing and your effort will be wasted if the prospects did not visualized what the marketing plan is trying to promote.

Suppose a prospect attended a presentation of the business program; after the power point or graphics presentation and all the success stories that have been told during the recruitment seminar, he appreciated the business as a whole and he was interested to do the business but was hesitant to do so because of one question which is:

“What strategy should be used in order to keep the down line involved and active in the business?”

If you are that prospect, you would surely want to hear the best reply there could be and that is:

Is it Answer no. 1?

What can you really get from the MLM networking business? To start the business correctly, make yourself familiar with all the important details about the business and the products. Even the benefits, the contents, and the important issue to tackle regarding the products should also reach your mind. Once you have learned all these, you can start making a list of your prospects starting with your friends, family, relatives, classmates, and other people that are possible to make use of the products and the business. Start communicating with them and let them know that you are already a part of the business team. The company has prepared all the materials needed for the recruitment, whether it is a personal communication, or through emails and websites, you do not have to worry about the discussion because the company is always there to support you.

Or Answer no. 2?

What can you get from the MLM networking business? To avoid wasting your time presenting the business to other people, concentrate and focus on those who show interest to the products and business plans. The company already provided the program for a tried and tested system that you can use for your goal of pursuing prospective down line. The business has been programmed systematically to make the networking and recruitment stage as easy as possible. This means, you can work with it smarter and not harder.

So, what’s really in it for you?

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Work Ethics – When Your Spouse Works For a Competitor

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There are couples who find that they are earning a living from two rival companies. It is even more interesting when both parties happen to be at management levels at their places of work. This scenario can cause tension at home if not addressed appropriately.

A case is cited of a lady who, in good faith, shared a project idea with her husband over dinner. The husband later found himself at a fix when he attended a meeting with his bosses and had no ready idea to present. You guessed right; he gave the very presentation that his wife had shared with him and had his company implementing the proposal before the competition.

To avoid such incidents, it is advisable that the married couple agree that they will not carry sensitive work home and if they do so, they will encrypt their data or lock their documents. It is also wise not to talk about office business all together while you are at home.

With technological advances, simple gadgets such as mobile phones are able to synchronize our office mails and any documents attached to the mails. This means that our valuable business presentations can be viewed on the phone. To prevent access of the information, put a phone code all the time. It would also help if you agreed with your spouse to have a business phone and a social one.

It is a serious offense and breach of most company policies to share valuable information with the competition, even a spouse. Work ethics also demands for integrity and discreteness. Treat office information with care today.

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