An Early Database Approach That Linked Records Based on Graded

question 19

Multiple Choice

An early database approach that linked records based on graded or ranked relationships, such as that in the organizational chart, is called ________.

• A) hierarchical database
• B) network database
• C) stratified database
• D) cluster database

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Definitions:

Payoff

The outcome or reward received as a result of a particular action or decision, often used in the context of games or economic scenarios.

Cooperative Strategy

A cooperative strategy is a collaborative effort between businesses or organizations to achieve a mutual goal or advantage.

Efficient Outcome

A situation where resources are allocated in a way that maximizes net benefits to society and cannot be improved upon by making any one individual better off without making someone else worse off.

Simultaneous Move Game

A strategic situation where all players make their moves at the same time without knowledge of the others' choices.