Organizational Transactions Are Typically _____ Volume, _____, and Therefore _____

question 9

Multiple Choice

Organizational transactions are typically _____ volume, _____, and therefore _____ to computerize.

• A) low, repetitive, difficult
• B) high, repetitive, Easy
• C) high, diverse, difficult
• D) low, diverse, Easy
• E) high, diverse, Easy

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Definitions:

Negotiate

The process of discussing terms to reach a mutual agreement in transactions, contracts, or disputes.

Implied Warranty

A legal assumption that the goods sold meet certain quality standards, including that they are fit for the standard purposes for which such goods are sold.

Express Warranty

A clearly stated promise or guarantee regarding the condition or performance of a product or service.

Warranty Of Trade Usage

A guarantee implied in a transaction, based on the customary practices and standards in a particular industry.