Which Business Application Is a Satellite-Based Navigation System Providing Extremely

question 5

Multiple Choice

Which business application is a satellite-based navigation system providing extremely accurate position, time, and speed information?

• A) Radio-frequency identification
• B) Global positioning systems
• C) Geographic information systems
• D) Location-based services

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Definitions:

Equal Amount

A quantity that is the same in size, number, or value when compared to another.

Compounded Quarterly

The process of calculating and adding interest to a principal sum four times a year, leading to compound growth in the interest amount.

Future Value

The projected value of an investment at a future point in time, factoring in specifics like interest rates and compounding periods.

Quarterly

Pertaining to or occurring every quarter, a three-month period, often used in financial and business reporting.