A(n) _____ Is a System That Dynamically Links Buyers and Sellers

question 97

Multiple Choice

A(n) _____ is a system that dynamically links buyers and sellers into a rich communication network to establish and reinforce long-term, profitable relationships.

• A) biometric authentication system
• B) social network system
• C) operations management system
• D) customer relationship management system
• E) mass communication system

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Definitions:

Income Distribution

Refers to how a nation’s total earnings are spread among its population.

Productive Resources

Assets, materials, or inputs used for the creation of goods or services, including natural resources, human capital, and capital goods.

Tax And Spending Policies

Refers to the fiscal decisions made by a government regarding how taxes are collected and revenues are spent to influence the economy.

Market Economy

An economic system where the forces of supply and demand determine the allocation of goods and services without much intervention by the government.