Describe a database, a database management system, and the relational database model.
What will be an ideal response?
A database maintains information about various types of objects (inventory), events (transactions), people (employees), and places (warehouses). A database management system (DBMS) creates, reads, updates, and deletes data in a database while controlling access and security. A DBMS provides methodologies for creating, updating, storing, and retrieving data in a database. In addition, a DBMS provides facilities for controlling data access and security, allowing data sharing and enforcing data integrity. The relational database model allows users to create, read, update, and delete data in a relational database.
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According to Christensen's five principles of disruptive innovations, the following statement is not true:
A) companies depend on customers and investors for resources. B) small markets solve the growth needs of large companies. C) markets that don't exist can't be analyzed. D) an organization's capabilities define its disabilities. E) technology supply may not equal market demand.
Which of the following is NOT an advantage of using depth interviews compared to using focus groups in marketing research?
A) Depth interviews can uncover deeper insights than focus groups. B) Depth interviews result in a free exchange of information that may not be possible in focus groups. C) Depth interviews attribute the responses directly to the respondent, unlike focus groups, where it is often difficult to determine which respondent made a particular response. D) With probing, it is possible to get at the real issue when topics are complex. E) Skilled depth interviewers are inexpensive and easy to find compared to focus group moderators.
In preparing its bank reconciliation for the month of February, Vance Company has available the following information: Balance per bank statement, February 28 ................. $18,025 Deposit in transit, February 28 ......................... 3,125 Outstanding checks, February 28 ......................... 2,875 Check erroneously deducted by bank from Vance's account, February 1
........................................... 125 Bank service charges for February ....................... 25 What is the corrected cash balance at February 28? a. $18,125 b. $18,150 c. $18,275 d. $18,400
Few international companies are organized by function at the top level.
Answer the following statement true (T) or false (F)