An Online Transaction Entry (OLTE) System Merges the Traditional Subprocesses

question 71

Multiple Choice

An online transaction entry (OLTE) system merges the traditional subprocesses of:

• A) business event occurrences and record business event data
• B) business event occurrences and update master data
• C) business event occurrences and generate outputs
• D) record business event data and update master data

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Definitions:

Potential Opportunities

Prospects or chances that could be developed into actual or beneficial situations in the future.

Macroenvironmental Factors

Aspects of the external environment that affect a company’s business, such as the culture, demographics, social trends, technological advances, economic situation, and political/regulatory environment.

Corporate Partners

Businesses or organizations that engage in a collaborative relationship to achieve common goals, share resources, or enhance each other's brands.

Demographic Profiles

Detailed descriptions of a target market based on demographic factors such as age, gender, income, education, and occupation.