In an Enterprise-Class Database System,business Users Interact Directly with the DBMS,which

question 19

True/False

In an Enterprise-class database system,business users interact directly with the DBMS,which directly accesses the database data.

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Definitions:

Products

Goods or services that are created through a process of production and offered in the market to satisfy consumer needs or wants.

Resource Markets

Markets where factors of production (like labor, land, and capital) are bought and sold.

Households Incomes

Refers to the total amount of money earned or received by all members of a household, encompassing wages, salaries, benefits, and other income sources.

Circular Flow Model

An economic model illustrating the continuous flow of goods, services, and money between households and businesses in an economy.