Each Master Table Should Have Programs To

question 2

Multiple Choice

Each master table should have programs to:

• A) add new records.
• B) update master file records.
• C) delete master file records.
• D) read and process records from the master file.
• E) All of the above.

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Definitions:

Oligopolistic Firms

Companies that operate in a market structure characterized by a small number of dominant firms, often leading to limited competition.

Price Cuts

Reductions in the selling price of goods or services, often used as a strategy to increase demand or compete more effectively.

Advertising

The action of calling attention to products, services, or ideas through paid announcements by an identified sponsor.

Oligopoly

An industrial configuration in which a small group of companies exercises significant authority over market pricing and competition.