In DFD Terminology, a Data Store Is a Process That

question 46

True/False

In DFD terminology, a data store is a process that changes data by performing a calculation, updating information, or sorting a list.

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Definitions:

Quality Competition

The competition among businesses to offer products or services of higher quality, often instead of competing on price.

Product Differentiation

Refers to the process of distinguishing a product or service from others in the market to make it more attractive to a particular target market.

Market Power

The ability of a firm to influence or control the price and output levels in a market.

Perfect Competition

A market structure characterized by a large number of small firms, a homogenous product, free entry and exit, and perfect information, leading to prices equaling marginal costs.