A group of customers who share information between themselves and the company about their experiences with the product or service is most likely to be known as a:

A) quality circle.
B) cohort.
C) community.
D) focus group.


C

Business

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Three types of data models used today are: the hierarchical model, the network model and the relational model.

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

Business

Retrieval is the task of permanently removing obsolete or redundant records from the database

Indicate whether the statement is true or false

Business

The strict product liability standard requires a manufacturer to compensate injured consumers:

A. only if it can be shown that the manufacturer was at fault in causing or failing to prevent a harm. B. even if the manufacturer was not at fault, even if there was nothing the manufacturer could have done to prevent the harm. C. only if the product's features were described in a deceptive manner in advertising copy. D. only if the manufacturer used fraud or coercion at the time the contract for the product was agreed to by the consumer.

Business

FOB ________ means ownership of goods transfers to the buyer when the goods arrive at the buyer's place of business. The seller is responsible for paying shipping charges and bears the risk of damage or loss in transit.

Fill in the blank(s) with the appropriate word(s).

Business