Technologies Such as Radio Frequency Identification (RFID)and Smartphones Are Fueling

question 14

Multiple Choice

Technologies such as radio frequency identification (RFID) and smartphones are fueling explosive growth in the amount of data available for businesses to process.This data can provide real business value,but the challenge is ____.

• A)how to deliver the data to resources for analysis
• B)how to store and protect the data against loss
• C)how to manage and evaluate the data to gain business knowledge
• D)All of the above

Understand the concept and implications of decentralization in organizations.

Recognize the characteristics and responsibilities of different types of responsibility centers within businesses.

Identify and explain the benefits and disadvantages of decentralization.

Understand the concept of a franchise and its typical fee structures.

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Definitions:

Nominal Interest Rate

The proportionate growth in the amount of money that borrowers need to repay to lenders, excluding adjustments for inflation.

Nominal Interest Rates

The interest rate prior to inflation adjustment, denoting the nominal value of interest payments.

Real Interest Rates

The interest rates adjusted for inflation, more accurately reflecting the true cost of borrowing.

Real Interest Rate

The interest rate, once revised for inflation, to represent the actual borrowing cost or the real savings yield.