Identify the Purpose of a Transaction Processing System Used in Organizations

question 5

Multiple Choice

Identify the purpose of a transaction processing system used in organizations.

• A) to support the activities within a specific functional area of the firm
• B) to handle day-to-day business event data at the operational level of the organization
• C) to support interaction between the firm and its customers
• D) to support the coordination of suppliers,product or service production,and distribution
• E) to enable customers to buy goods and services from a firm's Web site

---

Definitions:

Global Market

The international trading environment in which goods, services, currencies, and cultural products are exchanged across borders.

Cross-Cultural Analysis

The examination of how cultural variables influence human behavior, practices, and ways of thinking across different societies.

Joint Venture

A partnership where at least two entities contribute their resources to complete a designated project.

Direct Investment

The purchase or establishment of a controlling interest in foreign businesses by a company or individual, often involving significant ownership of a stake or property.