What Kind of Data Model Is Most Commonly Used in Today's

question 12

Short Answer

What kind of data model is most commonly used in today's business environment?
A. Hierarchical data model
B. Network data model
C. Relational data model
D. All of the above

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Definitions:

Earnings Reflect

The process by which a company's profits demonstrate its financial health and operational success.

Marginal Revenue Product

The additional revenue a firm generates from employing one more unit of input, such as labor or capital.

Competitive Labor Markets

Labor markets characterized by numerous employers and employees where neither side can individually influence wages or employment conditions, leading to market-determined outcomes.

Marginal Cost

The additional cost incurred by producing one more unit of a good or service.