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The Database Approach to Business Event Processing, in Which Facts

question 95

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The database approach to business event processing, in which facts about events are stored in relational database tables instead of separate files, solves many of the problems caused by data redundancy.


Definitions:

Income Paid

The total earnings received by individuals or entities for their labor, investment, or property use.

Markets For Goods And Services

Venues where buyers and sellers exchange goods and services, including physical marketplaces and online platforms.

Markets For Factors Of Production

The markets where services of the factors of production (namely labor, capital, and land) are bought and sold.

Construction Company

A business entity focused on building, repairing, maintaining, or demolishing structures, such as buildings, roads, and bridges.

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