What Encompasses All the Information Contained Within a Single Business

question 356

Multiple Choice

What encompasses all the information contained within a single business process or unit of work and its primary purpose is to support the performance of daily operational or structured decisions.

• A)OLTP
• B)OLAP
• C)Analytical information
• D)Transactional information

Explore the interplay between law and business ethics in shaping business decisions.

Acknowledge various ethical theories and their impact on business decisions including consequentialism, utilitarianism, and absolutism.

Understand the role of environmental concerns in business ethics and decision-making.

Identify key factors that contribute to ethical business practices and corporate citizenship.

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Definitions:

Quick Ratio

A measure of a company's ability to meet its short-term obligations with its most liquid assets, without relying on inventory.

Current Liabilities

Obligations or debts that a company is expected to pay within a year.

Assets

Resources owned or controlled by a business, viewed as providing future economic benefits.

Profitability

A measure of how much profit a business generates compared to its revenue or assets, indicating financial success.