Transaction Processing Systems Process Data in Two Basic Ways: _______________

question 113

Multiple Choice

Transaction processing systems process data in two basic ways: _______________ and _______________.

• A) Online processing, offline processing
• B) Online/real-time processing, batch processing
• C) Distributed processing, centralized processing
• D) Replicated processing, distributed processing

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Definitions:

Anticompetitive Mergers

Mergers between companies that could reduce competition in an industry, potentially leading to higher prices and reduced innovation.

Natural Monopoly

occurs when a single firm can supply a product or service to an entire market at a lower cost than could two or more firms, often due to high fixed or startup costs.

Public Ownership

The ownership of assets by the government or state, as opposed to private individuals or organizations.

Better Outcomes

Improvements in conditions or situations, often used in the context of healthcare or social services, indicating more favorable results.