Square Provides a Means for Small Businesses to Process Credit

question 82

Multiple Choice

Square provides a means for small businesses to process credit and debit card sales without signing up for a traditional credit card arrangement of monthly fees and minimum charges.When its business grew rapidly,Apple,Google,and PayPal responded with ________ actions?

• A) pioneering
• B) imitative
• C) adaptive
• D) differentiated

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Definitions:

LTPD

The Lot Tolerance Percent Defective, which refers to the maximum acceptable defect rate in a sample lot for the lot to be accepted.

Quality Control Chart

A graphical tool used in process monitoring to analyze and understand variability in production or service delivery.

Defects Per Unit

A measure of the average number of defects found in each unit of a product.

Acceptance Sampling

A statistical quality control method used to decide whether to accept or reject a batch of material based on the inspection of a sample, aiming to ensure product quality while minimizing inspection costs.