The Use of Various Forms of Information Technology in the Production

question 60

Multiple Choice

The use of various forms of information technology in the production process is referred to as

• A)computerized investments and machines.
• B)computerized integration of machines.
• C)computer-integrated manufacturing.
• D)computer intense manufacturing.

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Definitions:

Redeem Provision

A clause in a financial contract allowing the holder to exchange a particular financial instrument under specified conditions, often before maturity.

Investment-Grade Bonds

Bonds that are rated by credit rating agencies as having a lower risk of default, making them a safer investment.

Speculative Bonds

Speculative bonds are high-risk, high-reward investment securities that have a lower credit rating and offer higher yields to compensate for their increased risk.

Fourth Market

Direct trading of stocks and securities among investors or institutions without the use of a broker or public exchange.