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Apple Inc. and Outsourcing
Apple, known for its wide range of popular consumer electronics like iPhones, iPads, and Mac comp...
Key Takeaways
Definition: Outsourcing involves delegating certain business processes or functions to third-part...
Further Reading
Vermicelli, S., Cricelli, L., & Grimaldi, M. (2021). How can crowdsourcing help tackle the COVID‐...
Notable Examples
Wikipedia: Perhaps the most famous example, Wikipedia is a free online encyclopedia created thr...
Key Takeaways
Crowdsourcing has emerged as a potent tool for businesses and organizations to harness the collec...
Further Reading
European Patent Office. (2023). New study reveals how IP helps startups raise finance. https://w...
The Wright Brothers' Patents and the Curtiss Company
Patents have often played a complex role in the balance between fostering innovation and potentia...
Key Takeaways
Definition of Intellectual Property (IP): IP refers to creations of the mind such as inventions, ...
Further Reading
Baptista, J. P., & Gradim, A. (2020). Understanding fake news consumption: A review. Social Scien...
Pope Francis Endorses Donald Trump for President
In the 2016 U.S. Presidential election, a widely circulated fake news story claimed that Pope ...
Key Takeaways
Definition and Identification: Understand what constitutes fake news: misinformation (false or m...
Further Reading
Agarwal, R. (2020). Why A Big Government Cure Would Be Worse Than Big Tech Control. Forbes https...
Real World Examples
Big tech companies often find themselves in disputes with governments over user data, driven by t...
Key Takeaways
1. Privacy and Data Protection: · Big Tech: Claims robust data protection and offers ...
Further Reading
European Union. (2023). What is GDPR, the EU’s new data protection law? https://gdpr.eu/what-is-...
Case Study: A GDPR Fine in Romania
The following material is available on the website of the National Supervisory Authority for Pers...
Key Takeaways
Big data, privacy, and the General Data Protection Regulation (GDPR) are all interconnected in th...
Further Reading
Bichler, M., Knörr, J., & Maldonado, F. (2023). Pricing in nonconvex markets: How to price electr...
Example: Movie Theater Tickets
Price differentiation, also known as price discrimination, refers to the practice of charging dif...
Key Takeaways
Markets and price signals are fundamental concepts in economics and business. Here are the main t...