A Set of Instructions for the Computer Is an Example

question 79

Multiple Choice

A set of instructions for the computer is an example of the ________ component of an information system.

• A)hardware
• B)procedure
• C)database
• D)software

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Definitions:

Geographic Pricing

A pricing strategy where the price of a product or service varies according to the geographic location of the buyer.

Single-Zone Pricing

A pricing strategy where a company charges the same price for its product or service, regardless of the geographical location of the customer.

Multiple-Zone Pricing

A pricing strategy where a company sets different prices for its products or services in different geographical areas based on local market conditions.

Promotional Pricing

A marketing strategy where temporarily reduced prices are used to increase short-term sales and visibility of a product or service.