_____ Refer to Older Information Systems That Are Often Incompatible

question 82

Multiple Choice

_____ refer to older information systems that are often incompatible with other systems, technologies, and ways of conducting business.

• A) Data aggregator systems
• B) Loyalty card systems
• C) Legacy systems
• D) Transaction systems
• E) Mnemonic systems

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Definitions:

Marginal Cost

The price of generating one more unit of a product or service.

Profit-Maximizing Price

The price level at which a business can achieve the highest profit, considering its cost of production and the demand for its product.

Payoff Matrix

A table that shows the possible outcomes of different strategies in a game or decision-making situation, often used in game theory.

Compete

The act or process of trying to win or do better than others in an activity, market, or situation.