Data from Sales Orders, Payroll, Accounting, Financial, Marketing, Purchasing, Inventory

question 67

Multiple Choice

Data from sales orders, payroll, accounting, financial, marketing, purchasing, inventory control, and so forth are processed by a combination of hardware and software called ________________ Processing Systems.

• A) Financial FPS)
• B) Enterprise EPS)
• C) Transaction TPS)
• D) Monetary MPS)

Understand the impact of income on demand for normal and inferior goods.

Understand the components and utilization of the BCG portfolio planning model.

Identify specific strategies appropriate for each category (Dogs, Question Marks, Stars, Cash Cows) in the BCG Matrix.

Differentiate between various business growth strategies such as concentration, diversification (related and unrelated), integration (forward, backward, vertical), and retrenchment.

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Definitions:

Institutionalised Aggression

Aggression that is given formal or informal recognition and social legitimacy by being incorporated into rules and norms.

Formal Recognition

The official acknowledgment or validation of an individual's or entity's status, achievements, or qualifications.

Social Legitimacy

The perception or belief that an entity, action, or decision is appropriate and acceptable within a social context.

Institutionalised Aggression

Aggressive behavior that has become an accepted norm within an institution, often perpetuated by the structure or culture of the organization.