_____ Is the Set of Methods That Can Be Used

question 28

Multiple Choice

_____ is the set of methods that can be used to acquire,organize,store,manipulate,and transmit information.

• A) Encoding
• B) Artificial intelligence system
• C) Expert system
• D) Information technology
• E) Data processing

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Definitions:

Everyday Low Pricing Strategy

is a pricing model where companies consistently offer products at low prices rather than relying on sales or discounts, aiming to attract price-conscious consumers.

Big Box Stores

Large retail establishments, typically part of a chain, that offer a wide variety of goods under one roof in sizable, warehouse-like spaces.

Demand Curve

A graphical representation showing the relationship between the price of a good or service and the quantity demanded by consumers.

Benefits a Firm

The advantages or positive outcomes that accrue to a company, such as increased revenue, market share, brand loyalty, or competitive advantage.