A sociotechnical system integrates technology, people, and processes

Indicate whether the statement is true or false


T

Business

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A certificate of deposit is an instrument containing an acknowledgement by a bank that it has received a deposit of money and a promise by the bank to repay the sum of money.

Answer the following statement true (T) or false (F)

Business

Markup pricing is popular because when all firms in the industry use this pricing method, prices tend to be similar, so price competition is minimized

Indicate whether the statement is true or false

Business

________ is the conscious, systematic process of making decisions about goals and activities that a person, group, work unit, or organization will pursue in the future.

A. Budgeting B. Benchmarking C. Buffering D. Forecasting E. Planning

Business

Your top sales executive leaves your company to work for a competitor. Fortunately, all of her notes regarding prior dealings with customers have been captured in a:

a. Sales activity management system b. Sales territory management system c. Lead management system d. Knowledge management system

Business