Key Escrow Is A(n)________

question 17

Multiple Choice

Key escrow is a(n) ________.

• A)protocol used to secure communication over the internet
• B)safety procedure that allows a trusted party to have a copy of the encryption key
• C)device that prevents unauthorized network access
• D)encryption algorithm that uses both public and private keys

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Definitions:

Preempted Entry

A strategy employed by existing firms in a market to deter new competitors from entering the market, often through barriers to entry or aggressive competitive practices.

Nash Equilibrium

A concept in game theory where no player can benefit by changing strategies if other players keep theirs unchanged; it represents a state of mutual strategy optimization.

Extensive Form

A representation of games (in game theory) that illustrates the sequence of moves, available strategies, and potential outcomes in a tree diagram.

First-Mover Advantage

The competitive advantage gained by the initial significant occupant of a market segment.