Narrative 6-3 Athabasca University Has Evolved Over Its Nearly 50-Year History. Course

question 83

Multiple Choice

Narrative 6-3
Athabasca University has evolved over its nearly 50-year history. Course delivery has evolved along with Athabasca University-from text-based learning modules to video cassettes,partnerships with educational television,and now to an internet-enabled teaching and learning model that coexists with the text and video-based independent learning models. In 1994,Athabasca pioneered an online Executive MBA program. In addition to innovating learning models,Athabasca developed a Centre for Distance Education,which is globally known for its research into distance learning and offers graduate programs in the field.
-Refer to Narrative 6-3. Athabasca University continues to innovate its online collaborative learning model,used for the executive MBA,at the same time as it provides an individualized,self-paced learning option for other courses. What does the existence of both technologies exemplify?

• A)design substitution  
• B)modular management  
• C)design competition  
• D)hierarchical management

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Definitions:

Vault Cash

The physical currency that a bank holds in its vault and automatic teller machines (ATMs) as a part of its reserves.

Required Reserve Ratio

The fraction of deposits that regulators require a bank to hold in reserve and not lend out.

Reserves

Funds or material set aside or saved for future use, often used in the context of central banking as currency holdings or commodities like gold.

Government Bonds

Government Bonds are securities issued by governments to borrow money from investors, promising to pay back the principal amount with interest on specified dates.