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For Those Who Need to Accept Credit Cards on a Continuous

question 17

Multiple Choice

For those who need to accept credit cards on a continuous basis, devices such as _________ plug into your mobile device and allow customers to swipe their credit card like they would anywhere else.


Definitions:

Agency Costs

Expenses related to resolving conflicts of interest between company managers and shareholders.

Employee Empowerment

The delegation of greater decision rights to members of the organization.

Decision Rights

The rights or authority to make decisions within an organization, often delineated by roles or levels within the organizational structure.

Transactions Costs

Expenses incurred when buying or selling goods or services, including search, bargaining, and enforcement costs.

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