In a Highly Competitive Marketplace,market Forces Serve to Regulate Business

question 2

True/False

In a highly competitive marketplace,market forces serve to regulate business practice no regulation is necessary.

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Definitions:

Communications Links

Physical or wireless connections between devices that allow for data exchange.

PLC Systems

Systems that use Programmable Logic Controllers for automation of industrial electromechanical processes.

Point-To-Point

Relating to a communication configuration where two devices are directly connected and communicate with each other without any intermediary.

Robot Arm

A type of mechanical arm with multiple joints that can be programmed to perform a variety of tasks, such as assembly, painting, or welding.