Describe the three-tier architecture used in most e-commerce applications
What will be an ideal response?
Almost all e-commerce applications use the three-tier architecture, which is an arrangement of user computers and servers into three categories or tiers. The user tier consists of computers, phones, and other devices that have browsers that request and process Web pages. The server tier consists of computers that run Web servers and process application programs. The database tier consists of computers that run a DBMS that processes requests to retrieve and store data.
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The control function entails evaluating a process against a standard and, if necessary, taking corrective action
Indicate whether the statement is true or false
Taylor Company is considering whether or not to replace a drill press that is several years old. The current market value of the old equipment is an opportunity cost of replacing the drill press.
Answer the following statement true (T) or false (F)
Continuous innovation is a weak response by a company trying to protect its market share
Indicate whether the statement is true or false
The primary objective of financial accounting is to:
A. Monitor consumer needs, tastes, and price concerns. B. Provide information on both the costs and benefits of looking after products and services. C. Know what, when, and how much product to produce. D. Serve the decision-making needs of internal users. E. Provide accounting information that serves external users.