The Term ____ Refers to the Rights of Individuals and Companies

question 56

Multiple Choice

The term ____ refers to the rights of individuals and companies to control how information about them is collected and used.

• A) information privacy
• B) information security
• C) information piracy
• D) digital Counterfeiting

Understand the concept of globalization and its impact on labor markets and business.

Recognize the importance and implications of technology in the new economy.

Identify career trends and changes in the 21st century workplace.

Understand ethical and social responsibility issues in the workplace.

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Definitions:

Liquidity Preference Theory

A theory that suggests interest rates are determined by the supply and demand for money, with people preferring liquidity over committing to long-term investments.

Upward Sloping

A term that describes a line or curve on a graph that shows an increase in a variable in relation to another variable as you move from left to right.

Inverse Relationship

An inverse relationship is a situation in which two variables move in opposite directions; as one increases, the other decreases.

Interest Rates

The percentage of a sum of money charged for its use, typically expressed on an annual basis.