What Factor Influences the Decision to Employ Real-Time Data Collection

question 84

Essay

What factor influences the decision to employ real-time data collection with batch updating rather that purely real-time processing? Explain.

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Definitions:

Consideration

The value (such as money, service, or goods) that is promised by one party to another in exchange for performing or promising to perform an act.

Conditional Acceptance

An agreement to accept an offer based on specific conditions being met.

Equitable Estoppel

A legal doctrine preventing a party from denying or asserting anything to the contrary of what has been established as truth, due to previous actions, conduct, or statements.

Gratuitous Promise

This is a promise made without requiring anything in exchange, often lacking legal enforceability because it lacks consideration.