____ Input Data from Special Forms to Score or Tally

question 32

Multiple Choice

____ input data from special forms to score or tally exams, questionnaires, ballots, and so forth.

• A) Optical character recognition (OCR) devices
• B) Optical mark readers (OMRs)
• C) Magnetic ink character recognition (MICR) readers
• D) Biometric readers

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Definitions:

Buying Power

Represents the capacity of an individual or group to purchase goods and services, influenced by income levels, inflation, and market conditions.

Pricing Infatuation

An obsession or excessive focus on the pricing aspect of a product or service rather than its value or other attributes.

Price Cutting

A competitive strategy whereby a company lowers its product prices to attract customers and increase market share.

Sales Volume

The total number of units of a product sold within a specific time period.