An Insurance Company Scans Every Document It Receives from Customers

question 35

True/False

An insurance company scans every document it receives from customers and stores those documents as part of its client-processing application.This is an example of a knowledge management system.

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Definitions:

Utilitarianism

A theory in ethics and philosophy that evaluates actions based on their outcomes, aiming for the greatest happiness for the greatest number.

Philanthropic Activity

Actions taken by individuals or organizations to promote the welfare of others, typically in the form of charitable donations or other forms of aid.

Social Responsibility Pyramid

A model that outlines the various levels of responsibilities businesses have towards society, including economic, legal, ethical, and philanthropic responsibilities.

Legal Obligations

The responsibilities or duties that are enforced by law upon individuals or organizations.