Which of the Following Flowchart Symbols Indicates That a Decision

question 1

Multiple Choice

Which of the following flowchart symbols indicates that a decision is to be made

• A) diamond
• B) oval/circle
• C) rectangle
• D) flowline

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Definitions:

Anti-Chain-Store Act

Legislation aimed at limiting or regulating the expansion and operation of chain stores to protect local businesses and maintain market competition.

Indirect Price Discrimination

A pricing strategy where different prices are charged for the same product or service based on characteristics other than the customer's willingness to pay.

Direct Price Discrimination

The practice of charging different prices to different consumers for the same product or service, based directly on the willingness to pay of each customer.

Cannibalizing

In business, the reduction in sales of a product due to the introduction of a similar product by the same company.