Explain How Computer Programs Are Licensed to Individuals and Organizations

question 25

Essay

Explain how computer programs are licensed to individuals and organizations.

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Definitions:

Shareholder Democracy

The concept that a company's direction should be influenced by its shareholders, often through voting on corporate matters based on the number of shares owned.

World Trade Organization

An international organization established to supervise and liberalize international trade, facilitating negotiation and enforcement of trade agreements among member countries.

North American Free Trade Agreement

A treaty among Canada, Mexico, and the United States that eliminated most tariffs and trade barriers between the countries, aiming to increase economic integration.

Corporate Welfare

Government support or subsidies to corporations including tax breaks, grants, and other financial incentives designed to support business interests.