A(n) ____ Reflects a System's Key Entities and the Relationship

question 109

Multiple Choice

A(n) ____ reflects a system's key entities and the relationship among them.

• A) data flow diagram
• B) relational table
• C) program flowchart
• D) entity-relationship diagram

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Definitions:

Retailer-sponsored Cooperative

A group of retailers that pool their resources together for joint purchasing, marketing, or other business operations to increase competitive advantage.

Wholesaler-sponsored Voluntary Chain

A form of retail organization in which independent retailers band together in a contractual relationship with a wholesaler to achieve economies of scale and compete with larger chains.

Administered Cooperative System

A cooperative arrangement where operations and activities are managed and directed by a centralized authority, often to achieve economies of scale or shared goals.

Franchising

A business model where a franchisor licenses its trade name and operating methods to a franchisee in exchange for a fee and ongoing royalties.