Most Companies Use Batch Processing Instead of Online Processing Because

question 59

True/False

Most companies use batch processing instead of online processing because batch processing requires continual updating of databases.

Recognize the difference between the law of demand and the concept of cost in production.

Identify factors leading to changes in supply and demand, including government interventions like taxes and subsidies.

Understand market efficiency, including allocative and productive efficiencies, and the conditions under which they are achieved.

Distinguish between substitute and complementary goods, and normal and inferior goods.

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Definitions:

Equal Employment

Policies and practices designed to prevent discrimination against employees or job applicants based on race, gender, age, religion, or other non-merit factors.

Procedural Justice

The concept that fair and transparent processes are crucial in decision-making contexts, leading to greater acceptance of decisions by those affected, even if the outcomes are not favorable to them.

Interactional Justice

The quality of the interpersonal treatment people receive when procedures are implemented, emphasizing respect and dignity.