A Business Simulation Game That Is Used by Colleges and Universities

question 57

Multiple Choice

A business simulation game that is used by colleges and universities all over the world has students submit decisions over the Internet.Decisions are stored online,processed on the server,and then the results are stored online.They are then downloaded by students in preparation for the next round.Which one of the following diagrams represents this activity?

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Definitions:

Age

A demographic factor referring to the length of time that an individual or entity has been alive or in existence, often considered in marketing, social studies, and human resource management.

Income

The monetary payment received for goods or services, or from other sources, as rents or investments.

Communication

The process of exchanging information or ideas through various means, including speech, writing, visual images, or digital platforms.

Exchange

The process by which two or more parties trade goods, services, or other values to the mutual benefit of both or all.