The Confusion Created by ________ Makes It Difficult for Companies

question 49

Multiple Choice

The confusion created by ________ makes it difficult for companies to create customer relationship management, supply chain management, or enterprise systems that integrate data from different sources.

• A) batch processing
• B) data redundancy
• C) data independence
• D) online processing

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Definitions:

Budget Constraints

The limitations on the consumption choices of individuals or households based on their income and the prices of goods and services.

Optimum

The best or most favorable point, level, or condition, especially in terms of efficiency or success.

Indifference Curves

Graphical representations of different combinations of two goods between which a consumer is indifferent, showing preferences regarding consumption.

Consumption When Old

Consumption when old refers to the spending habits of individuals during retirement or later stages of life, often planned through savings and pension.