Creativity Is Related to Both the Characteristics of Creative People

question 169

True/False

Creativity is related to both the characteristics of creative people and the situation in which they work.

Understand the importance and implications of device encryption in maintaining data privacy.

Grasp the concept of dematerialization and its relevance in technology.

Identify the practical applications of satellite technology in everyday services such as TV and GPS.

Understand the technological and legal considerations surrounding data storage and access by third parties.

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Definitions:

Leverage

The use of various techniques or borrowed capital (debt) to increase the potential return of an investment.

Outsourcing

Transferring a firm’s activities that have traditionally been internal to external suppliers.

External Suppliers

Third-party companies or entities that provide products or services to another company as part of the supply chain, outside of the purchasing company's organization.

Many-Suppliers Strategy

A procurement approach where a company sources its materials or products from a large number of suppliers to enhance competition and reduce supply risk.