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Discuss the Capabilities of CAD Systems

question 5

Essay

Discuss the capabilities of CAD systems.


Definitions:

Adverse Selection

A situation where asymmetric information leads to the selection of poor-quality or unsuitable candidates or products, commonly seen in insurance and market transactions.

Secretary

A professional responsible for managing administrative tasks and facilitating smooth operations within an organization.

Trained

Refers to individuals who have received instruction or education in a specific skill or field.

Adverse Selection

A situation in economics where buyers and sellers have different information, leading to transactions where one party may be at a disadvantage, often discussed in insurance markets.

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