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An organization based in California, USA is implementing a new online helpdesk solution for recording customer call information. The organization considers the capture of personal data on the online helpdesk solution to be in the interest of the company in best servicing customer calls. Before implementation, a privacy technologist should conduct which of the following?
Maximize Utility
The economic principle of selecting the option that yields the highest satisfaction or benefit.
Quantities Y
Often refers to the output level or quantity of goods produced in economic models or equations.
Marginal Utility
The extra pleasure or advantage a customer gains by consuming an additional unit of a product or service.
Loss of Value
The decrease in worth of an asset or investment over time, often due to market fluctuations or the asset's deterioration.
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