What is the closed database architecture?
The closed database architecture is similar in concept to the basic flat-file model. Under this approach a database management system is used to provide minimal technological advantage over flat-file systems. The DBMS is little more than a private but powerful file system. Each function has a private database.
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A growing form of e-commerce in the business-to-business sector is:
A) discount houses B) financial institutions C) online exchanges and auctions D) insurance purchases
When the seller allows only certain outlets to carry its products, this strategy is called ________
A) exclusive distribution B) subjective dealing C) selective distribution D) exclusive pricing E) disintermediation
Which of the following best represents a screening decision?
a. determining which project has the highest net present value b. determining if a project's internal rate of return exceeds the firm's cost of capital c. determining which projects are mutually exclusive d. determining which are the best projects
Dove Corporation began its operations on September 1 of the current year. Budgeted sales for the first three months of business are $250,000, $320,000, and $410,000, respectively, for September, October, and November. The company expects to sell 20% of its merchandise for cash. Of sales on account, 70% are expected to be collected in the month of the sale, 30% in the month following the sale. The
cash collections in November are: A) $312,000 B) $388,400 C) $487,000 D) $410,000