Critical Thinking Questions Case 5-2

question 47

Multiple Choice

Critical Thinking Questions Case 5-2
You are curious about cloud data privacy, so you do some research on the potential risks, as well as protection methods and regulations.
FERPA regulates the confidentiality of ______.

• A) criminal records
• B) students' educational records
• C) financial transactions
• D) user names and passwords

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Definitions:

Game Console

A dedicated electronic device designed to play video games through a connection to a television or other display screen.

Highly Concentrated

Refers to a market structure where a small number of firms hold a large portion of the market share.

Natural Monopoly

A market condition where a single firm can provide goods or services to an entire market at a lower cost than two or more companies could, due to high fixed costs and significant economies of scale.

Economies of Scale

The financial benefits gained by businesses as a result of their operating size, where the cost for each unit produced decreases as the scale of operation grows.