Microsoft Word 2016 Is Used to Write Memos, Letters, and Reports

question 34

Multiple Choice

Microsoft Word 2016 is used to write memos, letters, and reports. What type of software is it?

• A) network software
• B) server software
• C) system software
• D) application software

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Definitions:

Retailer Stage

A phase in the distribution channel where goods are sold directly to consumers.

Supplier Stage

Refers to the position or phase a supplier occupies in the supply chain or within the procurement process.

Optimal Order Quantity

The most efficient amount of inventory to order, minimizing costs while meeting demand.

Base Price

The initial cost of a good or service before any discounts, additional fees, or taxes are applied.