You Just Started to Work in a Branch of Your

question 43

Multiple Choice

You just started to work in a branch of your local bank. The bank is dealing with the privacy standards that exist for transferring data to banks in other countries. This flow of information is called __________.

• A)information passing.
• B)transborder data flows.
• C)normal business practice.
• D)data processing.
• E)privacy issues.

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Definitions:

Management Manipulation

Tactics employed by management to subtly or overtly influence the decisions or behavior of employees, often to the detriment of the latter.

Piece Rates

A compensation system where workers are paid based on the amount of work produced or tasks completed, rather than receiving a fixed hourly wage.

Taylorism

A management theory developed by Frederick W. Taylor, focusing on efficiency and productivity through scientific analysis of labor processes.

Consumer Needs

The basic or identified wants and requirements that individuals seek to fulfill with products or services.