The Smallest Unit of Information in a Computer System Can

question 53

Multiple Choice

The smallest unit of information in a computer system can have only one of two values, zero or one, and is referred to as a(n) :

• A)Field
• B)Record
• C)Byte
• D)Bit

Know the role of logistics suppliers in distribution.

Understand the strategic considerations in designing channel strategies and choosing distribution intensity for different product categories.

Understand the diverse types of marketing objectives and their alignment with business unit objectives.

Identify and assess various sales forecasting methods suitable for different contexts.

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Definitions:

Expected Rate

Expected rate typically relates to the anticipated return or yield on an investment over a specific period.

Probability

A quantification of the chance that an event happens, represented by a numerical value ranging from 0 to 1.

Annual Returns

The percentage change in an investment's value over a one-year period, taking into account both capital gains and dividends.

Probability

The measure of the likelihood that an event will occur, quantified between 0 and 1.