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In an Online Cash Storage System, a Trusted Third Party

question 60

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In an online cash storage system, a trusted third party, such as an online bank, coordinates all transfers of digital cash and holds the consumers' cash accounts.


Definitions:

Multidomestic Strategy

A strategy in which operating decisions are decentralized to each country to enhance local responsiveness.

Transnational Strategy

A strategy that combines the benefits of global-scale efficiencies with the benefits of local responsiveness.

Inventory Decisions

Choices made by a company regarding the amount and type of inventory to keep on hand to meet customer demand while minimizing cost.

Computer Manufacturing

The process of assembling and producing computer components, systems, and related hardware products.

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