In the 1960s and 1970s, Stand-Alone Systems Within a Company

question 59

Multiple Choice

In the 1960s and 1970s, stand-alone systems within a company were often connected using

• A)Spaghetti code
• B)Local area networks
• C)Wireless networks
• D)A and B

Understand the key differences between financial accounting and managerial accounting.

Recognize the components and calculations related to prime and conversion costs.

Identify the role and responsibilities of managerial positions within an organization.

Distinguish between various costs associated with production, including direct materials, direct labor, and factory overhead.

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Definitions:

Market Feedback

The information or opinions returned by the market or consumers about a product or service after it has been launched or tested.

AI Algorithms

Computer algorithms powered by artificial intelligence designed to perform tasks, analyze data, and make decisions or predictions based on input data.

Product Designers

Professionals specialized in creating and developing the specifications and features of products, focusing on aspects such as functionality, aesthetics, and usability.

Promotional Activities

Marketing efforts designed to inform, persuade, or remind potential customers about a product or service to increase sales and market presence.