Where Counterfeiting and Piracy Are Commonplace, Companies Are Reluctant to Invent

question 92

True/False

Where counterfeiting and piracy are commonplace, companies are reluctant to invent, innovate, and market legitimate products, which reduces consumer choices and ultimately lowers living standards.

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Definitions:

Secure Data

Data that is protected through technological measures to ensure its confidentiality, integrity, and availability from unauthorized access or alterations.

E-Business

Conducting business processes on the internet, including selling products, providing services, and business-to-business transactions.

E-Commerce

Conducting transactions involving goods, services, money, or data over an electronic network, chiefly using the internet.

Secure

The state of being protected against unauthorized access, theft, alteration, or destruction, especially concerning digital data or systems.