______ is a tool that uses a branching structure to map out decision points and consequences.
A. Mind map
B. Decision tree
C. Flow chart
D. Work breakdown structure (WBS)
Answer: B. Decision tree
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A broker was listing a property owned by a married couple. The husband signed the listing but his wife was out of town. The husband instructed th broker to immediately advertise the property and put the listing in the multiple listing service. The broker should:
A. Follow seller's instructions because the broker has the duty of obedience. B. Tell the husband that they will start marketing the property after obtaining the signature of the wife. C. Start advertising the property and get the wife's signature later. D. Refuse the listing because this would be considered a new listing.
Which of the following statements about EDI is not true?
A) Each major industry in the United States has EDI standards. B) Today, EDI is only used for document automation. C) Many organizations still use private networks for EDI. D) EDI systems are increasingly web-enabled. E) About 80 percent of online B2B e-commerce is still based on EDI.