What Are Operations of a Firm? How Can Operations Be

question 82

Essay

What are operations of a firm? How can operations be categorized?

Identify the role of Internet censorship in controlling information access.

Understand competitive advantage strategies and their significance in the global market.

Identify and explain the consequences of legal-political conditions on global business operations.

Recognize the importance of socio-cultural conditions in shaping business environments.

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Definitions:

Risky

Involving or exposing someone to danger or potential harm.

Confidentiality

The principle of maintaining privacy by not disclosing information shared in a trusted relationship, unless consented to or otherwise required by law.

Relative Confidentiality

A principle in certain professions where the confidentiality of client information is respected but may be overridden in specific circumstances determined by law or ethical guidelines.

Privilege

Special rights, advantages, or immunities granted or available only to a particular person or group of people.