Examlex

Solved

A Protocol Allowing Websites to Declare Their Intended Use of Information

question 83

Multiple Choice

A protocol allowing websites to declare their intended use of information they collect about browsing users best defines


Definitions:

Maximize Profits

The goal of increasing the difference between revenue and expenses to the highest possible level.

Minimize Losses

a strategy or approach aimed at reducing the amount of financial or production losses to the lowest possible level.

Losses

Negative financial outcomes resulting from the cost of operations exceeding revenue or from other financial transactions.

Shut Down

A short-run decision by a firm to cease production due to unfavorable market conditions, not covering variable costs.

Related Questions