A Shortcoming of Hierarchical and Network Database Systems Was That

question 18

Multiple Choice

A shortcoming of hierarchical and network database systems was that

• A) only very knowledgeable technical staff members could interact with the database effectively
• B) relationships between records were explicitly maintained
• C) it replaced file-oriented structures
• D) it was electronically stored data

Recognize how government policies, like tariffs, can impact international business operations.

Understand the differences between state-owned, state-supported, and private enterprises and their implications for international business.

Analyze the impact of significant political events (e.g., Brexit) on international business.

Appreciate the role of privatization and deregulation in transitioning from command to market economies.

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Definitions:

CRM System

Customer Relationship Management system; a technology for managing a company's relationships and interactions with current and potential customers.

Post-sales Service

Support provided to a customer after the purchase of a product or service, aimed at ensuring satisfaction and loyalty.

Social Media Tools

Digital platforms and technologies used to create, share, and manage content for social networking.

Three Fs of Selling

A sales philosophy that emphasizes the importance of Feelings, Features, and Facts in the process of persuading potential customers.