For this assignment, submit an essay, in your own words, explaining the difference between operating under Part 107 and operating with a Part 107 waiver. Do not discuss model aircraft and RC flying, but, instead, focus upon the commercial application of an sUAS operation with respect to Part 107. Your essay should explain what a Certificate of Authorization is, what a 107 Exemption is, and what a Special Airworthiness Certificate is.
Review the FAA web pages for Part 107 Operations and operations that require waivers:
https://www.faa.gov/uas/
https://www.faa.gov/uas/commercial_operators/part_107_waivers/