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

question 53

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


Definitions:

Revealed Preferences

A concept in economics that studies consumer behavior based on the choices they make, revealing their preferences.

Francs

A former currency of France, which was replaced by the Euro.

Consumption

The act of utilizing economic goods to satisfy needs or desires.

Revealed Preferred

A theory in economics that preferences of consumers can be understood from their purchasing habits and choices, as observed from actual market behavior.

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