Charles and Irene are editors at a content development firm. Both of them, unknowingly, are working on the same copy of the annual report. Irene finishes editing the report and saves her copy; Charles saves his report an hour after Irene. Charles's report overwrites Irene's, and her changes are lost. This scenario is an example of the ________.
A. bullwhip effect
B. crow's-foot paradigm
C. bait-and-switch problem
D. lost-update problem
E. update query problem
Answer: D
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Regarding the chapter’s strategic planning model, strategic premises are developed on the basis of ______.
a. an environmental assessment b. an internal audit c. the organization’s most comprehensive vision d. key performance indicators
Energy Corporation, a U.S. diversified power management company, reported a balance in Retained Earnings of $2,800 million at the beginning of 2013 and $3,300 million at the end of 2013 . Based on Energy Corporation's financial reports for fiscal 2013, it reported dividends declared and paid of $250 million for 2013 . Compute the amount of net income for 2013 . (Energy Corporation applies U.S
GAAP, and reports its results in millions of U.S. dollars.) a. -$250 million b. $250 million c. $550 million d. $750 million e. none of the above
The journal entry to issue 1,000,000 shares of $6 par common stock for $8.00 per share on January 2nd would be:
A) Jan 2 Cash 8,000,000Common Stock 6,000,000Additional Paid-In Capital 2,000,000 B) Jan 2 Cash 6,000,000Common Stock 6,000,000 C) Jan 2 Cash 6,000,000Additional Paid-In Capital 2,000,000Common Stock 8,000,000 D) Jan 2 Cash 1,000,000 Common Stock 1,000.000
The point of total assumption is the point where the contractor assumes all liability for additional costs once the target price reaches the ceiling price
Indicate whether the statement is true or false