Hackers and Their Companion Viruses Are an Increasing Problem,especially on the Internet.What

question 27

Essay

Hackers and their companion viruses are an increasing problem,especially on the Internet.What are the most important measurers for a firm to take to protect itself from this? Is full protection feasible? Why or why not?

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Definitions:

Economic Profit

The profit a company makes after deducting both its explicit (actual cash outflows) and implicit (opportunity) costs.

Profit Motive

The driving force behind business activities focused on achieving financial gain.

Long-Run Economic Profit

The sustainable profit a firm earns over time, assuming entry and exit in the market are possible and adjustments have been made.

Self-Interest

An individual's personal gain or advantage, especially when pursued without regard for others.