Which of the Following Is the Correct Way TPS Manage

question 62

Multiple Choice

Which of the following is the correct way TPS manage data?

• A)Business event or transaction → organization's database → TPS
• B)Business event or transaction → TPS → organization's database
• C)TPS → business event or transaction → organization's database
• D)TPS → organization's database → business event or transaction

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Definitions:

Market Failure

A situation in which the allocation of goods and services by a free market is not efficient, leading to a potential welfare loss.

Government Failure

A situation where government intervention in the economy causes inefficiencies or leads to a misallocation of resources.

Government Intervention

Actions taken by a government to affect or control various aspects of the economy, such as regulations, subsidies, tariffs, and taxes to correct market failures and promote economic stability.

Regulatory Capture

A situation where regulatory agencies are dominated by the industries they are supposed to be regulating, leading to decision making that benefits the industry at the expense of the public good.