DSS Place Greater Emphasis on Integrating External Data and Information

question 55

True/False

DSS place greater emphasis on integrating external data and information with internal information on critical success factors.

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Definitions:

Principal's Ratification

The formal approval by a principal (party in authority) of an act performed on their behalf, usually validating a previously unauthorized act.

Contractual Liability

The obligations and responsibilities one party owes to another under the terms of a contract.

Unidentified Principal

An unidentified principal occurs in agency relationships when the third party interacting with the agent does not know the identity of the principal for whom the agent is acting.

Disclosed Principal

A principal whose identity is made known by the agent to the third party at the time of entering into a contract with the third party.