Explain What Is Meant by the Term Digital Natives

question 47

Essay

Explain what is meant by the term digital natives. Describe two benefits and two downsides of being a digital native.

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Definitions:

Day-to-Day Decisions

These are routine decisions made by individuals or businesses on a regular basis, dealing with operational aspects rather than long-term strategic planning.

Accounting Data

Information related to financial transactions and status that is compiled and maintained by a company's accounting system.

Flexible Budgets

Budgets that adjust or vary with changes in volume or activity levels of the business.

Actual Overhead

The real costs incurred by a business for overhead, such as rent, utilities, and administrative expenses, during a specific period.