The Definition of Personally Identifying Information Is Important to Companies

question 3

Short Answer

The definition of personally identifying information is important to companies because it helps identify the types of information that need to be protected. It is also important for which of the following reasons?
A. It helps identify the associations between data elements required to develop an application's class model.
B. It helps identify elements that can be stripped out of datasets in order to reduce data protection requirements.
C. It helps identify potential data anomalies.
D. It eliminates the need for companies to protect other types of information.

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Definitions:

Monopolistically Competitive

Illustrates a market model in which numerous enterprises sell goods that are alike but not perfectly identical, enabling them to possess a certain amount of dominance in the market.

Industry Entry

The process or act of beginning to operate or participate in a specific sector or market.

Demand Schedule

A table that shows the quantity of a good or service that consumers are willing and able to purchase at various prices over a specified period of time.

Profit-Maximizing Price

The price level at which a company can sell its product or service to maximize its profit.