What Is the System That Consists of Nonproprietary Hardware and Software

question 103

Multiple Choice

What is the system that consists of nonproprietary hardware and software based on publicly known standards that allows third parties to create add-on products to plug into or interoperate with the system?

• A) Management system
• B) Reputation system
• C) Knowledge system
• D) Open system

Understand the implications of political and legal policies on international marketing strategies.

Explain the concept of social classes and their influence on consumer buying behavior.

Understand the components and significance of planning in human resources management.

Identify the role and characteristics of external recruitment sources including headhunters.

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Definitions:

Inflation Rate

The rate that reflects how the overall prices of services and goods escalate, causing a reduction in the capacity to purchase.

Treasury Bill

A short-term government security with a maturity of less than one year, sold at a discount to face value to provide a return to the holder upon maturity.

Coupon Bonds

Debt securities that pay periodic interest payments based on a fixed interest rate (coupon) until maturity, at which point the principal is repaid.

Yield To Maturity

The total return anticipated on a bond if it is held until its maturity date.