How Can You Update a Third-Party System with Every New

question 20

Multiple Choice

How can you update a third-party system with every new order created in Magento?

• A) Use the native sales_order.update API call.
• B) Use a sales_order_place_after API call.
• C) Create an observer in Magento on the sales_order_place_after event.
• D) Customize the third-party system to listen to Magento's sales__order_place_after event.

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Definitions:

Short Position

A trading strategy involving the sale of a security that is not owned by the seller, with the expectation that the price will decline, allowing it to be bought back at a lower price.

Long Position

A financial term describing the purchase of a security with the expectation that its value will rise over time.

Multifactor APT

A model in financial markets that describes how the returns of an asset can be determined by its exposure to multiple risk factors, as per the Arbitrage Pricing Theory.

Risk Premiums

The additional return expected by an investor for taking on a higher risk compared to a risk-free investment.