Information That Is Not Divulged to Anyone Outside the Business

question 118

Multiple Choice

Information that is not divulged to anyone outside the business is commonly referred to as ____ information.

• A) summary
• B) proprietary
• C) financial
• D) investors'
• E) tax

---

Definitions:

Cooperation

The act of working together towards a common goal or benefit, often requiring mutual effort and communication.

Responsibility Conflict

Disagreement or misunderstanding about who is responsible for what tasks within a team or organizational setting.

Authority

Relates to the power or right to give orders, make decisions, and enforce obedience.

Resource Allocation

The process of distributing or assigning resources, often financial, human, or material, among competing groups or projects.