An Organization with Many Employees and Many Cubicles with Each

question 72

Multiple Choice

An organization with many employees and many cubicles with each employee having a unique phone extension is said to be a ________ relationship.

• A)1:1
• B)1:M
• C)M:1
• D)M:N

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Definitions:

Transactional Function

The transactional function refers to the activities involved in the buying and selling process or exchange of goods and services between parties.

Selling Goods

The act of transferring ownership of products from a seller to a buyer for a price, typically conducted in the marketplace.

Taking Possession

The act of acquiring ownership or control over an asset, property, or item.

Distribution Channel

A chain of businesses or intermediaries through which a good or service passes until it reaches the end customer.