Examlex

Solved

Define the Symbols and Terms Used in Entity-Relationship (E-R) Diagrams

question 94

Essay

Define the symbols and terms used in entity-relationship (E-R) diagrams.


Definitions:

Industry Wide Markets

Markets that span across an entire industry, affecting all organizations within that industry.

Low-Cost

Describes products or services offered at a price lower than the market average to attract cost-sensitive consumers.

Differentiation

Relates to distinguishing or creating differences between products, services, or organizational entities to create a competitive advantage.

Strategic Choice

Refers to the decisions that determine the direction of an organization's long-term goals and the means to achieve them.

Related Questions