To Automate Routine Tasks to Help Firms Search for and Filter

question 100

Multiple Choice

To automate routine tasks to help firms search for and filter information for use in electronic commerce and supply chain management, a firm would most likely use:

• A) CAD systems.
• B) genetic algorithms.
• C) fuzzy logic systems.
• D) intelligent agents.
• E) neural networks.

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Definitions:

Interest Rate

The amount charged by lenders to borrowers for the use of money, expressed as a percentage of the principal per period of time.

Open-Economy Macroeconomic Model

A model that analyzes an economy that interacts freely with other economies around the world, focusing on trade and financial flows.

Government Budget Deficit

Represents the financial situation in which a government's expenditures exceed its revenues within a specific period, leading to borrowing or debt accumulation.

Trade Balance

The difference in value between a country's imports and exports over a certain period.