Match the Following Terms with Their Meanings

question 52

Multiple Choice

Match the following terms with their meanings:
i.Data Model
II.record
III.field
IV.relationship
v.primary key

• A)A single piece of information for every record.
• B)An association between tables of data that share a common field.
• C)The field used to uniquely identify a record in a Microsoft Access table.
• D)All of the categories of data pertaining to one person,place,event,thing,or idea.
• E)A method of integrating data from multiple,related tables into an Excel worksheet.

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Definitions:

Tacit Collusion

An unspoken, implicit agreement among competitors to not compete aggressively, often leading to higher prices and less competition without explicit communication or agreements.

Price Leadership

A pricing strategy where one leading company sets the price of products or services, and other competitors in the market follow.

General Motors

An American multinational corporation headquartered in Detroit that designs, manufactures, markets, and distributes vehicles and vehicle parts.

Price Leadership

A situation where the leading firm in an industry establishes the price of products or services, and competitors follow.