The Systems That Automate the Organization's Routine, Day-To-Day Business Transactions

question 53

Multiple Choice

The systems that automate the organization's routine, day-to-day business transactions such as data from sales or purchases from suppliers are called:

• A) transaction processing systems.
• B) automated analysis systems.
• C) inventory control systems.
• D) decision support systems.

Recognize the significance of unconditional positive regard and conditions of worth according to Rogers’s client-centered theory.

Understand the concept of perfect competition in economics.

Analyze how market prices affect the output decision of firms in a perfectly competitive market.

Calculate the profit-maximizing output level based on given costs and market prices.

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Definitions:

Return on Equity

A measure of a corporation's profitability that reveals how much profit a company generates with the money shareholders have invested.

Earnings per Share

A financial metric calculated by dividing a company's net income by the number of outstanding shares, indicating how much profit a company makes per share of stock.

Fixed Cost Sources

Expenses that do not change with the level of production or sales, such as rent, salaries, and insurance premiums.

Financial Risk

The chance of incurring financial losses from an investment or business activity.