The Bundling of an Object's Data and Functions Together Is

question 6

Multiple Choice

The bundling of an object's data and functions together is called

• A) OOP.
• B) encapsulation.
• C) data hiding.
• D) structuring.
• E) private access.

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Definitions:

Markup

The amount added to the cost price of goods to cover overhead and profit; the selling price minus the cost.

Final Selling Price

The last price at which a product or service is sold, after any discounts or adjustments are applied.

Retail Positioning Matrix

A strategic tool used by businesses to visualize and determine their competitive position in the market based on price and value offered.

Product Reliability

This refers to the likelihood of a product performing its intended function without failure over a specified period of time under normal conditions.