-You Are Given an E-R Diagram with Two Entities,ORDER and CUSTOMER,as

question 16

Multiple Choice

-You are given an E-R diagram with two entities,ORDER and CUSTOMER,as shown above,and are asked to draw the relationship between them.If a given customer can place many orders and a given order can be by one or more customers,which of the following should be indicated in the relationship symbol between the two entities?

• A)0:1
• B)1:1
• C)1:N
• D)N:1
• E)N:M

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Definitions:

Price Discrimination

A pricing strategy where a seller charges different prices for the same product or service to different customers, based on market conditions, customer characteristics, or the nature of the purchase.

Discounts

Reductions on the regular price of goods or services, usually offered to encourage purchases.

Volume Based

A pricing or cost method where charges are dependent on the quantity of units produced or handled.

Forward Buying

The practice of purchasing stock in larger quantities than normal in anticipation of price increases or demand spikes.