An Advantage of E-Checks Is That They

question 80

Multiple Choice

An advantage of e-checks is that they:

• A)involve simple processing systems.
• B)operate outside the traditional banking industry.
• C)contain much more information then traditional paper checks.
• D)fit current business practices,and so require little process reengineering.

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Definitions:

Culture-As-Learned-Behavior

The concept that culture is a set of behaviors, values, and norms learned from the society or group one belongs to.

Distributive

Pertaining to the allocation or distribution of resources or benefits among people or groups.

Integrative

Pertaining to an approach in negotiation or conflict resolution that seeks to find mutually beneficial solutions, focusing on the interests of all parties.

Negotiation Strategy

A planned approach or set of tactics employed by an individual or team to achieve desired outcomes or goals in a negotiation.