A disadvantage of a distributed database management system (DDBMS) is that:
a. it is slower in terms of data access. b. adding new sites affects other sites' operations.
c. it is processor dependent. d. there are lack of standards.
d
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Due to the intangibility of their offerings, services retailers often use tangible symbols to inform customers about the quality of their services.
Answer the following statement true (T) or false (F)
Mr. Stern, a cash basis taxpayer, was notified by his bank that he earned $1,193 of interest on his savings account in 2019. Mr. Stern has not withdrawn any funds from this account for eight years and did not receive the notification until January 26, 2020. Mr. Stern does not recognize the interest as income in 2019.
Answer the following statement true (T) or false (F)
Characteristics of a common law system include which of the following?
a. A common law system relies heavily on comprehensive legislative enactments and an inquisitorial system of determining disputes. b. In a common law system, the judiciary initiates litigation, investigates pertinent facts, and conducts the presentation of evidence. c. The common law system prevails in most of Europe and Scotland. d. A common law system relies heavily on the judiciary as a source of law and on the adversary system for settling disputes.
Provide two examples of businesses that practice low-cost strategies and two examples of businesses that practice differentiation strategies.
What will be an ideal response?