Which of the Following Statements Is True Regarding Workgroup Information

question 70

Multiple Choice

Which of the following statements is true regarding workgroup information systems?

• A) They are easy to change.
• B) They minimize data duplication among departments.
• C) They can be operated without training.
• D) They support 10 to 100 users.

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Definitions:

Cartel

An association of independent companies or organizations that agree to limit competition between themselves, often to control prices and production.

Oligopoly

A market structure characterized by a small number of firms dominating the market, leading to limited competition and potentially higher prices for consumers.

Cartels

An association of independent firms or individuals that works together to control prices, limit supply, or restrict competition in a particular market, often illegally.

Cartels

Groups of independent market participants who collude to control prices and output in a particular market, typically to restrict competition.