Which Period Has the Greatest Focus on Communication

question 96

Multiple Choice

Which period has the greatest focus on communication?

• A) First Industrial Revolution-because it created machines that allowed books to be made and distributed more quickly than ever before
• B) Second Industrial Revolution-because it created the telephone and telegraph as well as such things as electric motors, assembly lines, and mass production
• C) Third Industrial Revolution-because it not only created cell phone and Internet communication, but it is centered on the transfer of information
• D) Reset economy-because it will focus on enhancing communication among all people and economies

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Definitions:

Total Collection Time

The average period it takes for a business to receive payments owed by its customers.

Debit Card Transactions

Electronic fund transfers initiated by using a debit card, allowing the cardholder to withdraw cash or make purchases directly from their bank account.

Total Collection Time

The complete duration taken to collect payments owed by customers after a sale has been made.

Billing Electronically

The process of sending bills or invoices to customers through electronic means, such as email or online platforms, rather than paper mail.