Tony Requests a Credit Approval of $25,000

question 83

Multiple Choice

Tony requests a credit approval of $25,000. Instead, he gets $15,000 approved as customer credit. Which of the following problems caused by information silos is most likely the reason behind it?

• A) data duplication
• B) isolated decisions
• C) limited information
• D) disjointed processes
• E) improper data normalization

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Definitions:

Common European Currency

The euro (€) is the currency adopted by many European Union countries, facilitating economic transactions across member states.

Lower Inflation Rates

Lower inflation rates refer to a situation where there is a slow rate of increase in the general level of prices for goods and services, which can indicate a stable economic environment.

Foreign Subsidiary

A local operation completely owned by a foreign firm.

Local Firm

A business establishment that operates in a specific geographical area and typically serves the needs of a local community.