Asked by Kolby Finnie on Jul 13, 2024
Verified
The decision to purchase or lease sometimes is affected by the need for confidentiality.
Lease Decision
The choice between leasing or purchasing an asset, involving considerations of cost, duration, and financial impact.
Confidentiality
The obligation not to share or disclose information without proper authorization, especially information that is private, sensitive, or proprietary.
- Acquire knowledge on the strategic approach to purchasing, leasing, and supplier negotiations.
Verified Answer
RG
Ramson GeorgeJul 17, 2024
Final Answer :
True
Explanation :
When a company or individual prioritizes confidentiality, leasing might be preferred over purchasing to avoid public records or disclosures that could reveal strategic or sensitive information.
Learning Objectives
- Acquire knowledge on the strategic approach to purchasing, leasing, and supplier negotiations.
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