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NEW QUESTION: 1
Most economists in the United States seem captivated by spell of the free market. Consequently, nothing
seems good or normal that does not accord with the requirements of the free market.
A price that is determined by the seller or for that matter, established by anyone other than the aggregate
of consumers seems pernicious, accordingly, it requires a major act of will to think of price fixing (the
determination of prices by the seller) as both "normal" and having a valuable economic function. In fact,
price-fixing is normal in all industrialized societies because the industrial system itself provides, as an
effortless consequence of its own development, the price-fixing that requires, Modern industrial planning
requires and rewards great size. Hence a comparatively small number of large firms will be competing for
the same group of consumers. That each large firm will act with consideration of its own needs and thus
avoid selling its products for more than its competitors charge is commonly recognized by advocates of
free-markets economic theories. But each large firms will also act with full consideration of the needs that
it has in common with the other large firms competing for the same customers. Each large firm will thus
avoid significant price cutting, because price cutting would be prejudicial to the common interest in a
stable demand for products. Most economists do not see price-fixing when it occurs because they expect
it to be brought about by a number of explicit agreements among large firms; it is not.
More over those economists who argue that allowing the free market to operate without interference is the
most efficient method of establishing prices have not considered the economies of non socialist countries
other than the United States. These economies employ intentional price-fixing usually in an overt fashion.
Formal price fixing by cartel and informal price fixing by agreements covering the members of an industry
are common place. Were there something peculiarly efficient about the free market and inefficient about
price fixing, the countries that have avoided the first and used the second would have suffered drastically
in their economic development. There is no indication that they have.
Socialist industry also works within a frame work of controlled prices. In early 1970's, the Soviet Union
began to give firms and industries some of the flexibility in adjusting prices that a more informal evolution
has accorded the capitalist system. Economists in the United States have hailed the change as a return to
the free market. But Soviet firms are no more subject to prices established by free market over which they
exercise little influenced than are capitalist firms.
The passage contains Information that answers which of the following questions?
A. II and III only
B. lll only
C. l, II and III
D. l and II only
E. l only
Answer: C
NEW QUESTION: 2
A BPM Application developer must store documents in a content management system as a part of a process's activity. It is a requirement that the content management system is the IBM business process manager document store, which is implemented using a non-IBM database.
During a playback session, the BPM application developer notices that a 2 GB video file document fails to be stored. What is the reason for the failure?
A. Binary files cannot be stored when the embedded document store uses a database.
B. The built-in document store cannot save video files.
C. The size of the document is larger than the maximum allowed.
D. The embedded document store cannot save binary files when using a non-IBM database.
Answer: C
NEW QUESTION: 3
Your customer is a global company and has multiple legal entities across countries:
Vision China (Legal Entity 1) has a China Distribution Business Unit (BU).
Vision US (Legal Entity 2) has a US Distribution BU.
They have the following requirements:
To make purchases from or sell to the other legal entities using intercompany transaction
To automatically determine the sold-to legal entity on a Purchase Order (PO) by using Supply Chain
Financial Orchestration (SFO)
Identify three applicable setups in Oracle Procurement Cloud to fulfill these requirements:
A. Define a primary route on financial orchestration flow to enforce the sold-to legal entity on a PO.
B. Set up the "Multiple Legal Entities on Order" value to "Allow" on the Configure Requisitioning Business Process page.
C. Set up the default procurement business unit for Default Legal Entity in Manage Purchasing Profile Options.
D. Create Profit Center BU to Party Relationships.
E. Set up the Default Legal Entity on the Configure Requisitioning Business Process page.
Answer: A,C,D
Explanation:
Explanation/Reference:
How the Sold-To Legal Entity Is Determined
The following steps are performed in and by the application to determine the sold-to legal entity on a purchase order.
1. Information for an order such as requisition BU, supplier, and supplier site is entered. For requisition to purchase order automation the application knows this and other information from the requisition.
2. The application checks to see if Fusion Supply Chain Financial Orchestration (SFO) is implemented. If so, it calls the SFO process and passes all the necessary information.
3. SFO gathers some additional information such as profit center BU and asset flag and identifies a financial orchestration flow based on available attributes. The sold-to legal entity (LE) is associated with the financial orchestration flow.
4. SFO returns financial orchestration flow, sold-to LE. purchasing trade organization, and Purchasing stores them.
5. If SFO is not implemented or SFO returns no agreement and hence no LE is found then the application finds the inventory organization using following logic:
If a backing requisition exists for a purchase order then the inventory organization associated with the deliver-to location is used. If none exists then the deliver-to organization specified on the Configure Requisitioning Business Function page of the requisition BU of the requisition is used.
If a backing requisition does not exist then the inventory organization associated with the default ship-to location is user. If none is found then the deliver-to organization specified on the Configure Requisitioning Business Function page of the requisition BU is used.
6. Once an inventory organization is found, the application finds the legal entity specified in the inventory organization configuration. That legal entity becomes the sold-to LE
Here is a simplified example of how that might work:
1. A requisition is selected on the Process Requisitions page and added to the document builder.
2. The application identifies the country of the supplier site from the supplier master for the purchase order.
3. The application determines the inventory organization associated with the deliver-to location
4. The application identifies the profit center BU of the inventory organization.
5. The application checks if Fusion Financial Orchestration is enabled.
6. If enabled, it determines the financial orchestration flow by matching the profit center BU to the receiving BU and supplier country.
7. The sold-to legal entity specified on this flow is returned back which is included in the document builder.
8. The sold-to legal entity is carried over to the purchase order.
References: https://fusionhelp.oracle.com/helpPortal/topic/
TopicId_P_F72B15B6E4B74B74E043B69BF40A0BA0
NEW QUESTION: 4
You have a server that has SQL Server 2016 installed.
You need to configure native SQL Server backups for a database named Customers. The solution must use backup encryption.
Which three actions should you perform in sequence? To answer, move the appropriate actions from the list of actions to the answer area and arrange them in the correct orders.
Answer:
Explanation:
Explanation
The following are prerequisites for encrypting a backup:
References: https://docs.microsoft.com/en-us/sql/relational-databases/backup-restore/backup-encryption