Which of the Following Are Advantages of Block Chains

question 8

Multiple Choice

Which of the following are advantages of block chains?

• A)Elimination of the middleman
• B)Increased transparency in supply chain operations
• C)Ability to track data on advertising
• D)All of the above

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Definitions:

Functional Departmentation

The process of organizing a business into distinct departments, each responsible for a specific function or area, such as marketing or finance.

Centralized

The concentration of control, authority, or decision-making power within a singular or limited locale or organization hierarchy.

Communication

The process of sharing information, ideas, feelings, and messages through speech, writing, signals, or behaviors.

Effort Duplication

The unnecessary repetition of work or tasks, often resulting in wasted resources and time.