Data in a ________ Are Volatile Because They Record Ongoing

question 1

Multiple Choice

Data in a ________ are volatile because they record ongoing transactions.

• A)Database
• B)Data warehouse
• C)Data mart
• D)Data silo

Identify the benefits and drawbacks of using a matrix structure within organizations.

Differentiate between various organizational structures based on functions, products, geographic locations, and customer orientations.

Recognize the role of cross-functional and project teams in organizational structure and effectiveness.

Describe the concept and advantages of network and boundaryless organizations.

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Definitions:

Break-even Point

The financial state where total costs and total revenues are equal, resulting in neither profit nor loss for the business.

Leadership Abilities

The skills and competencies that enable an individual to inspire, influence, and guide others towards achieving common goals and objectives.

Inventory Control

The systematic process of ordering, storing, and using a company's inventory, including raw materials, components, and finished products, to minimize costs and maximize efficiency.

Economic Order Quantity

An inventory management formula that determines the ideal order quantity minimizing total inventory costs, including holding and ordering costs.