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:

Per Unit Basis

A method of quantifying costs, revenues, or other financial metrics on the basis of a single unit of production or service.

Activity

A specific task or action that is part of a process or contributes to the completion of a project.

Variable Costs

Expenditures that fluctuate directly in relation to the amount of goods or services produced.

Relevant Range

The relevant range is a level of activity within which assumptions about variable and fixed cost behaviors are valid, used for budgeting and forecasting.