Which of the Following Describes an Environment in Which Data

question 27

Multiple Choice

Which of the following describes an environment in which data is instantly available via the Internet to organizational partners?

• A) networking
• B) real time
• C) virtual business
• D) e-commerce

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Definitions:

Operating Plan

A document outlining the steps and resources required to achieve organizational goals within a specific timeframe.

Sole Proprietorship

A business owned and operated by a single individual, with no distinction between the business and the owner.

Business Debts

Financial obligations that a business owes to creditors, which can include loans, bonds, and other forms of borrowing.

Liability

A legal obligation or responsibility that can be enforced by law, typically involving debts or financial obligations.