Which Business Application Is a Satellite-Based Navigation System Providing Extremely

question 5

Multiple Choice

Which business application is a satellite-based navigation system providing extremely accurate position, time, and speed information?

• A) Radio-frequency identification
• B) Global positioning systems
• C) Geographic information systems
• D) Location-based services

---

Definitions:

Underlying Stock Price

The price of the stock that an option gives a holder the right to buy or sell.

Exercise Price

The price at which the holder of an options contract may buy or sell the underlying security.

Call Decreases

The process wherein the value of a call option drops due to factors like a decrease in the price of the underlying asset or closer expiration.

Value

The quantitative or qualitative worth, importance, or usefulness of something.