Online Transaction Processing (OLTP)is the Capturing of Transaction and Event

question 72

Multiple Choice

Online transaction processing (OLTP) is the capturing of transaction and event information using technology to ________.

• A)Update existing information to reflect the new information
• B)Store the information
• C)Process the information according to defined business rules
• D)All of the above

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Definitions:

Franz Colruyt

The founder of Colruyt Group, a Belgian multinational retail corporation, known for its commitment to cost efficiency and environmental sustainability.

International Operations Strategies

Strategic approaches adopted by businesses to manage and operate their physical and logistical operations across different countries, considering factors such as localization, global standardization, and supply chain management.

Local Responsiveness

The ability of a company or organization to meet the needs and preferences of local markets or environments.

Low Cost Reductions

refers to strategies implemented to decrease expenses in a business operation without significantly impacting product or service quality.