What do cargo transport systems, book distribution centers, the video game market, a flu epidemic, and an ant colony have in common?
A. They are all expert systems and thus share some characteristics
B. They are all genetic algorithm systems and thus share some characteristics
C. They are all neural network systems and thus share some characteristics
D. They are all complex adaptive systems and thus share some characteristics
Ans: D. They are all complex adaptive systems and thus share some characteristics
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Which is a major limitation of exclusive distribution?
a. poor relations among channel members b. limited sales potential c. high price competition d. low levels of customer service
In _, an issuing firm solicits bids from among several investment banks for the job of underwriting a bond issue
a. competitive bidding b. negotiated underwriting c. aggressive bidding d. bargain bidding