ITPEC FE Business Industry Questions with Answers

Business Industry

55 questions · Fundamental Engineering

Apr 2026 · Question 53

Which of the following is an explanation of a smart grid?

a)A system that aims to utilize recyclable energy, supply stable electric power, and optimise demand adjustment through integrated control of power generation and power consumption on the basis of communication and information-processing technologyb)A system that can provide ideal health advice to each individual by performing analysis on the basis of similar case reports such as the results of health examinations and medication usec)A system that can search for information on restaurants and entertainment, send and receive traffic information, and communicate the current position at the time of an emergency by using information-processing equipment installed in vehiclesd)A system that supports varied work styles by enabling mutual communication between workers with varied working styles, such as home-based employees and senior workers

Apr 2026 · Question 54

Which of the following is an appropriate example of utilizing machine learning at a production site?

a)Causes of defect occurrence in a factory are decomposed and arranged in a tree shape for analysts to statistically investigate the cause and solution.b)Instead of programming the working method for the production robot in the factory, the robot itself learns, thus improving work efficiency.c)Production equipment in a factory is connected through high-speed communication so that the host computer can be controlled in real time.d)Productivity of employees in the factory improves each time the cumulative production volume doubles, and the unit cost reduces at a fixed percentage.

Apr 2026 · Question 55

Which of the following is a case using deep learning in order to improve the performance of an in-car device?

a)An accelerometer detects the vehicle colliding against a wall and causes the air bag to inflate, thus protecting the passenger from injury.b)By acquiring and processing numerous images, the driver assistance system can more reliably distinguish between a pedestrian and a vehicle.c)By installing equipment that automatically performs idling stops, the fuel efficiency improves compared to that of a vehicle operated by a very experienced driver.d)The navigation system updates the software via a mobile phone line and refreshes the map.

Oct 2025 · Question 53

Basic elements and examples of devices and services when the IoT is used in a factory’s equipment maintenance tasks are compiled as shown below. When a) through d) correspond to one of A through D, which of the following corresponds to A?

Basic element	Example of device and service
Data collection	A
Data transmission	B
Data analysis	C
Data utilization	D

a)Abnormal value judgment toolb)Display for work instructionsc)Temperature sensor for equipmentd)Wireless communication within the factory

Oct 2025 · Question 54

Which of the following is a characteristic of an IC tag (RFID)?

a)It handles a large amount of information, so it uses an external storage device for storing information.b)It is stain-resistant, and recorded information can be read from the outside of the package.c)It is used by inserting the tag into a dedicated magnetic reader.d)It uses GPS to display location information or attribute information about the current location.

Oct 2025 · Question 55

Which of the following is an explanation of a sharing economy?

a)It is a concept by which efficient management and operation of renewable energy and urban infrastructure are performed by using IT, which improves the quality of people’s lives and achieves sustainable economic growth.b)It is a concept by which the productivity of an entire economy increases through the use of IT, eliminating the supply and demand gap via SCM progress, which leads to sustainable inflation-free growth.c)It is a mechanism by which over-the-counter and Internet sales are integrated to combine the benefits of both and expand overall sales.d)It is a mechanism, mainly between individuals, that uses the community function or other functions of social media to share, lend, or borrow unused assets owned by individuals.

Apr 2025 · Question 54

Which of the following is a characteristic of MRP?

a)The development, designing, and production preparation of a product are performed simultaneously in parallel.b)The number of required components is calculated on the basis of the standard production plan of a product.c)The production of a product is initiated after an order from a customer is received.d)Work instructions and transport instructions are provided by using a worksheet.

Apr 2025 · Question 55

Which of the following corresponds to (5) in the example of a model of an affiliate program that is shown in the Internet advertising? Here, (1) to (5) indicate the order of operations in the model, and (1), (2), (4), and (5) each correspond to one of the options a) to d).

a)Agree to and participate in the affiliate programb)Click the advertisement on the websitec)Pay a success fee on the basis of the sales of the productd)Purchase the desired product

Apr 2025 · Question 56

A smart meter is a highly functional electricity meter with a function for communications and a function for the management of other devices. Which of the following is not an appropriate purpose for installing a smart meter?

a)Continuing the power supply for a fixed amount of time by functioning as an auxiliary power source during a power failureb)Improving the efficiency of meter reading work through automatic meter readingc)Increasing awareness of power-saving through the visualization of the amount of power consumptiond)Restraining peak power by controlling power demand through the use of demand response

Oct 2024 · Question 52

Which of the following is an appropriate explanation of concurrent engineering?

a)A product development technique that sequentially executes processes, such as design, manufacturing, and sales activitiesb)A technique that analyzes a target system and clarifies its specificationsc)A technique that executes processes, such as design and production planning, in parallel with product developmentd)A technique that grasps the optimal combination of functions and costs and improves value through systematic procedures

Oct 2024 · Question 53

Which of the following is one of the main characteristics of a blockchain?

a)A centralized ledger on a serverb)A client-server networkc)A distributed ledger on a peer-to-peer networkd)A type of cryptocurrency

Oct 2024 · Question 54

Which of the following is the situation where an improvement can be expected by installing a Material Requirements Planning (MRP) system?

a)Drawing information is managed on both electronic files and hard copies, so the history of design changes cannot be accurately traced.b)High-mix, low-volume production is adopted, so the cost of installing production equipment is increasing.c)Information about materials and quantities necessary for production is complicated, so a miscalculation of order quantity or an interruption of production often occurs.d)There are too many design changes, so production efficiency does not improve.

Oct 2024 · Question 55

Which of the following is the objects that can benefit from the cell production method?

a)Products that require a wide variety and flexible productionb)Products that require division of labor by standardization, simplification, and specializationc)Products that require mass production to increase productivityd)Products whose specifications do not change for a long period

Apr 2024 · Question 46

Which of the following is a case that enables the customer support operations at a call center to improve quality by applying a pattern recognition function or machine learning function to the accumulated data?

a)Deriving the most appropriate response in real time from related materials and all the previous support history according to the content of the inquiry made by a customerb)Displaying the digital content of a response manual or basic customer information on a pop-up window of a screen for responding to requests from the operatorsc)Repeatedly providing role play training to new operators from an experienced operator who serves as a lecturer by using the response manual as the teaching materiald)Transferring a phone call or the relevant support screen to an experienced operator or a dedicated staff when the operator who is responding to a customer over the phone is unable to provide an answer

Apr 2024 · Question 53

Which of the following is an appropriate computing concept that describes the idea of physical objects, such as devices, vehicles, and buildings, that are connected to the Internet and are able to identify themselves to other devices?

a)Computer networksb)Deep learningc)Internet of thingsd)Network topology

Apr 2024 · Question 55

Which of the following is an example of Consumer Generated Media (CGM)?

a)A website of a company through which the company publishes information about its management and financial status, as well as performance trends for individual investorsb)A website of a company through which the company transmits information about the characteristics and usage methods of its products to the general consumersc)A website of a government organization through which the organization publishes information about its policies and administrative services to the general publicd)A website such as a blog and SNS, etc. through which an individual transmits information to an unspecified number of people about the evaluation of products, etc. that the person has used

Oct 2023 · Question 70

Which of the following is an explanation of the IoT (Internet of Things)?

a)It refers to a form of electronic commerce carried out over the Internet, consisting of a typical C to C transaction by which a seller posts a product’s name, photo, minimum selling price, and other information on a website, after which the bidder that offers the highest amount within the time limit becomes the successful bidder.b)It refers to data centers designed for the connection to the Internet, with server operation failure prevented through the implementation of measures including quality management of communication lines, server maintenance, air conditioning, and power source-related countermeasures against power interruptions and outages.c)It refers to Internet advertising such as a banner advertisement that displays an image, with a link to an advertiser’s website, or an e-mail advertisement that publicizes an advertiser’s website.d)It refers to the installation of communication functionality to various objects, in addition to information and communication devices, and enabling automatic recognition or remote measurement by connecting these to the Internet, to achieve high-level decision-making services and automated control through the collection and analysis of large volumes of data.

Oct 2023 · Question 72

Which of the following is an explanation of CAD?

a)Evaluating product performance and functions using computers, without using the actual product to perform testing or experimentationb)Using a computer to convert product design drawings to process design information, and support automation of machine processing, etc.c)Using a computer to create product design drawings from attribute data concerning product shape, composition, etc.d)Using a computer to derive the required volumes and timing of materials from a production schedule, a BOM (bill of materials), inventory volumes, etc.

Oct 2023 · Question 73

Which of the following is an explanation of an e-marketplace?

a)It is a method in which many sellers and buyers meet in a market set up on the Internet and trade directly without an intermediate distributor.b)It is a method that aims for overall optimization from material procurement to product distribution by sharing information such as ordering, inventory, sales, and logistics between a company and its business partners.c)It is a method that converts information concerning business transactions into a standardized format and electronically exchanges data such as estimation, ordering, shipment and delivery, and payment between companies.d)It is a method that runs a sales promotion campaign on the Internet and then draws customers to a real store to encourage them to make purchases.

Apr 2023 · Question 61

Which of the following is an example of RPA that is used to proceed with business innovation with the aim of resolving management issues, such as a shortage of staff members?

a)Deploying robots for assembly work instead of employees engaged in the assembly of components on the manufacturing line.b)Processing standardized routine activities such as data input, and cross-checking of the business system by software instead of the clerical staff members.c)Replacing manned stores with unmanned stores run by cameras and an electronic payment system for analysis of IC tags and images.d)Replacing transfer of stored products through manual operations by using a forklift or something similar with an automated warehouse system where computer control has rendered human labor obsolete.

Apr 2023 · Question 66

Among the mechanisms that are utilized on the Internet, which of the following is an explanation of crowdfunding?

a)It refers to a company placing an order with a person who is judged to be qualified to outsource work to an unspecified number of people on the website through prior notification of business operations.b)It refers to a web service for individuals that displays information on the account transactions of multiple financial institutions at once by a single authentication through prior registration of multiple account information.c)It refers to payment from an advertiser to a website operator when a person who is browsing the website purchases a product from the EC site by using the link from the published advertisement.d)It refers to raising money from an unspecified number of individuals who support a business project that is published on the website, and who expect to obtain products and rights in return.

Apr 2023 · Question 71

Which of the following is an explanation of cryptocurrency mining that is enabled by block chain?

a)Making payments or settlements by using cryptocurrency in brick-and-mortar storesb)Obtaining capital gain by buying and selling cryptocurrencyc)Obtaining cryptocurrency as a reward for participation in checking or record calculation of cryptocurrency transactionsd)Transferring money to an individual or organization in cryptocurrency

Apr 2023 · Question 72

Which of the following is an explanation of a sharing economy?

a)It is a concept by which efficient management and operation of renewable energy and urban infrastructure are performed by using IT, which leads to an improvement in the quality of peoples’ lives and helps achieve continuous economic growth.b)It is a concept by which the productivity of an entire economy increases as a result of utilizing IT, and the supply and demand gap is eliminated via the progress of SCM, which leads to sustainable growth free from inflation.c)It is a mechanism by which sales both over-the-counter and through the Internet are combined in a business transaction, and the benefits of both are utilized and linked to expand overall sales.d)It is a mechanism mainly between individuals by which the community function and other functions of social media are utilized to share, lend, or borrow unused assets owned by individuals.

Apr 2023 · Question 73

Which of the following is an appropriate explanation of digital signage?

a)A technology to embed identification information in data to prevent abuseb)An economic or social gap among regions or individuals, arising from lack of opportunities and abilities to utilize information technologyc)An electronic billboard that displays information such as images and charactersd)An electronic signature that is used to ensure the validity of information

Apr 2023 · Question 74

Which of the following is an appropriate description of the constituent elements of IoT?

a)They cover all items that can connect to the Internet or a closed network.b)They cover all tangible objects except humans and living things.c)They cover digital type devices, and do not cover analog type devices.d)They cover only devices that autonomously collect data and perform data analysis.

Oct 2022 · Question 71

Which of the following is an explanation of the Kanban (just-in-time) system?

a)To improve work efficiency at each operation, parts and semi-finished products having unified specifications are procured.b)To minimize intermediate stock, parts required for the production line are procured from the previous process on the basis of a production plan.c)To procure parts efficiently, they are procured from affiliated companies.d)To procure parts of higher quality, parts are procured via competitive bidding among designated suppliers.

Oct 2022 · Question 72

Which of the following is a description of Online-to-Offline in net business?

a)It is a business model that provides a basic service or product for free and charges a fee for advanced or special functions.b)It is a mechanism that can prevent trouble in electronic commerce, such as the case where the price is paid but the product is not delivered or the case where the product is sent but the price is not paid.c)It is a mechanism that leads a customer that uses mobile devices to purchase by guiding the customer from a virtual store to a real store or from a real store to a virtual stored)It is a scheme that starts production of the final product after receiving the order from a customer, in order to realize customization according to customer specifications.

Apr 2022 · Question 71

The figure below shows the work procedure for MRP (Material Requirements Planning), a technique pertaining to a production management system. Which of the following is a necessary piece of information for calculating the net requirements to be inserted into A in the figure below?

a)Bill of materials (configuration and requirements of each component in the final product)b)Inventory status (inventory amount, residual orders, in-process quantity)c)Ordering policy (lot organization method, ordering method, safety stock)d)Standard schedule (completion period, number of days of lead time)

Apr 2022 · Question 72

Which of the following is an appropriate description of an RFID system?

a)Multiple RF Tags that are within range communicate with each other, and create a mesh network.b)RF readers/writers generate an electromagnetic field that charges the RF tags within range to allow transmission of information.c)RF tags process unique positioning information by using multiple satellites, allowing for item tracking by longitude and latitude coordinates.d)RF tag transmission does not provide error correcting codes but still acquires high reliability through a wired connection.

Apr 2022 · Question 73

Among the IoT application examples, which of the following is an explanation of HEMS?

a)Connecting energy devices such as solar power generators, consumer electronic devices, and sensors, etc., to a household communication network in order to visualize the energy used and optimally control consumptionb)Fully utilizing information communication technology and environment technology in order to visualize the energy urban infrastructure uses, including public facilities such as street-lamps and the transportation system, and optimally controlling consumptionc)Measuring data such as vehicular condition, road status, etc., with the sensors installed in the vehicle and saving and analyzing the data via a network in order to support efficient drivingd)Regularly measuring vibrations, temperature, sound, etc., with the sensors installed in factory machines, analyzing the degraded condition of the machines on the basis of the collected data, and replacing parts at the appropriate time

Apr 2021 · Question 63

Which of the following is an appropriate description of chatbot?

a)A software that uses image processing techniques and is employed for applications to describe image details to a humanb)A software that uses natural language processing techniques and is employed for applications to communicate with a humanc)A software that uses signal processing techniques and is employed for applications to convert a human’s voice into textsd)A software that uses speech processing techniques and is employed for applications to generate subtitles automatically for a human to read while watching videos

Apr 2021 · Question 70

Which of the following is the appropriate description of telemedicine?

a)Caring for patients by using computer technologies when the physician and patients are physically together in a hospitalb)Caring for patients by using electronic communication technologies when the physician and patients are not in the same locationc)Caring for patients by using electronic communication technologies when the physician and patients are physically together at the patients’ housed)Caring for patients without using computer technologies when the physician and patients are physically together at the physician’s clinic

Apr 2021 · Question 71

The figure below shows the relationships among the components of product A, and the numbers in parentheses indicate the quantity of components necessary to produce one unit of the upper-level product or component. When 10 units of product A are produced, how many units of component C must be ordered? Here, there are presently five units of component C in the inventory.

a)15b)20c)25d)30

Apr 2021 · Question 72

The figure below shows the transaction model of an escrow service that is used in an Internet auction site or other similar transactions. Which of the following is the action that corresponds to (5) in this figure? Here, (1) through (6) indicate the sequence of transactions, and each of the numbers from (3) to (6) corresponds to an action in a) through d).

a)Notice of payment depositb)Notice of product receiptc)Shipment of productd)Transfer of payment

Apr 2021 · Question 73

Which of the following is an appropriate explanation of HEMS?

a)It is a system that connects multiple home appliances through a network to visualize the power and perform optimum control of power consumption.b)It is a system that converts the electricity produced by a solar power generation system and a residential-use fuel cell for the electricity to be useable in households, etc.c)It is a system that recycles the useful parts of home appliances discarded by general households and offices to reduce the amount of waste materials and promote the effective use of resources.d)It is an electric hot water supply system that generates a considerable quantity of heat with a relatively small amount of energy by using a heat pump.

Apr 2021 · Question 74

When real-time systems are classified into hard real-time and soft real-time systems, which of the following is in the category of a hard real-time system?

a)Airbag control systemb)Bank ATM systemc)Seat reservation systemd)Web delivery system

Oct 2021 · Question 71

Which of the following is a product that can take advantage of the cell production system?

a)A product that needs to be produced in large quantities to improve productivityb)A product that requires a division of labor on the basis of standardization, simplification, and specializationc)A product that requires a variety of types and needs flexible productiond)A product whose specifications do not change over a long period of time

Oct 2021 · Question 72

Which of the following performs its processing according to steps (1) through (3)?

(1)Based on the types, quantities, and the parts list of the product planned to be manufactured during a fixed period of time in the future, the required quantity of components is calculated.(2)The net order quantity of each component is calculated from the amount of inventory that can be allocated.(3)The ordering time of the components is determined while considering the manufacturing and procurement lead time.

a)CAD (Computer Aided Design)b)CRP (Capacity Requirements Planning)c)JIT (Just In Time)d)MRP (Material Requirements Planning)

Oct 2021 · Question 73

Which of the following is an appropriate description of Initial Coin Offering (ICO)?

a)A crowd-funding method in which backers contribute money toward an idea or a startup and get rewards like physical productsb)A fundraising method that is mainly used by a financially stable company which wants to expand and develop to the publicc)A popular fundraising method that is used primarily by a startup, normally through utilizing cryptocurrencyd)A process of offering shares of a private corporation to the public in a new stock issuance

Oct 2021 · Question 74

Which of the following is an appropriate example of utilizing machine learning at a production site?

a)Instead of programming the working method for the production robot in the factory, the robot itself learns, thus improving the efficiency of work.b)The causes for the occurrence of defects in a factory are decomposed and arranged in a tree shape so that analysts can statistically look for the cause and solution.c)The production equipment in a factory is connected through high-speed communication so that the host computer can be controlled in real time.d)The productivity of employees in the factory improves each time the cumulative production volume doubles, and the unit cost reduces at a fixed percentage.

Apr 2020 · Question 73

When a production plan is created, it is important to select an appropriate production system. Which of the following is a suitable production system for varied and flexible high-mix low-volume production by single or several operators in charge of all processes?

a)Build-to-order production systemb)Cell production systemc)Continuous production systemd)Individual production system

Oct 2020 · Question 62

Which of the following is an on-demand service?

a)A DVD movie purchased from an internet siteb)A pocketbook printed by a publishing company using offset printing after deciding the number of copiesc)A repeat broadcast drama that is delivered on the internet in response to the request of the userd)Internet news periodically delivered to a smart phone

Oct 2020 · Question 64

When examples of utilizing big data are classified according to the feedback destination of the analysis and the reflection timing, which of the following utilization examples corresponds to D in the table below?

a)Based on the location data acquired from the smartphone of a customer registered as a member and the purchase history data of the customer, recommended products from nearby retailers are displayed on the smartphone.b)From the large volume of purchase data collected and accumulated by using member cards, the preferences of each customer are analyzed, and coupons for the next month are issued according to the purchase volume of the previous month.c)The current traffic status of each road is published on the website by collecting and analyzing data of the position, speed, and other parameters of moving cars.d)The ranking of the largest-selling products of each month is extracted from the POS data of the last few years from sister stores, and images of the products corresponding to the current month are displayed on monitors inside the store.

Oct 2020 · Question 73

Which of the following is an example of Consumer Generated Media (CGM)?

a)A company website through which the company publishes information for individual investors about its management status, financial status, and performance trendsb)A company website through which the company transmits information to general consumers about the characteristics and usage method of its productsc)A website of a governmental organization through which the agency publishes information for general citizens about its policies and administrative servicesd)A website, such as a blog or SNS, on which an individual sends information to unspecified large number of people about the evaluation of products used by the individual

Oct 2019 · Question 73

Which of the following performs processing according to steps (1) through (3)?

(1)Based on the types and quantities, as well as the parts list of the product to be manufactured within a future fixed period of time, the required quantity of components is calculated.(2)The net order quantity of each component is calculated from the amount of inventory that can be allocated.(3)The ordering time for the components is determined with consideration for the manufacturing or procurement lead time.

a)CADb)CRPc)JITd)MRP

Oct 2019 · Question 74

Which of the following is an explanation of EDI?

a)A communication service that provides added value, such as the storage of data transmitted over networks and conversion of data formatsb)An international standard for e-mail services based on the OSI basic reference model, which provides comprehensive services for the generation, transmission, and processing of messagesc)An ordering system that allows orders to be placed by transmitting order information from a data entry terminal to the head office or a supplierd)The exchange of business transaction data between computers (including terminals) over the Internet on the basis of standard protocols

Oct 2019 · Question 75

Which of the following is the procurement process that enables suppliers to bid against one another on the Internet in order to sell their products or services under the conditions specified by a general customer?

a)B to Bb)G to Cc)Reverse auctiond)Virtual mall

Apr 2019 · Question 66

When a developmental process of utilizing big data is classified into the four (4) stages below, which of the following is an example that corresponds to the fourth stage?

[Developmental stages of big data utilization]Stage 1:Confirmation of facts in the past and present (what was it before?)Stage 2:Interpretation of the past and present status (why have/had it be so?)Stage 3:Prediction of the occurrence of a possible event in the future (what is it likely to be?)Stage 4:Development into a future activity (what should be done?)

a)Based on the analysis results of the big data in which the operation histories of many users are stored, the operational errors and their causes that were not anticipated by the manufacturer at first are found.b)Based on the big data, cases of operational errors made by users and increase in the failure rate due to such cases are estimated and the user interface is improved to make it less likely to cause operational errors.c)By using a simulation that uses big data, an increase in the failure rate of a product is estimated when an operational error supposed occurs repeatedly.d)By using the Internet access function of a product, the operation histories of many users of the product are stored in big data, and the rate of using functions is clarified after the product is sold.

Apr 2019 · Question 70

Which of the following can take advantage of the cell production method?

a)Products that need to be mass produced to increase productivityb)Products that require division of labor by standardization, simplification, and specializationc)Products that require flexible production to produce a variety of typesd)Products whose specifications do not change for a long period

Apr 2019 · Question 71

Which of the following is not appropriate as an application example of the IoT (Internet of Things)?

a)A computer that independently performs file management, arithmetic and logic operations, printing processing, and other tasks without accessing a server to avoid the security problems on the Internetb)A system that allows the manufacturer to understand the operating status, failure locations, and parts that require replacement in real-time via the Internet by having sensors and a communication function built in a large-scale construction equipmentc)A system that collects automobile location information in real time and distributes the traffic jam information by communication between automobiles or between automobiles and road side unitsd)An electricity meter that sends information on the amount of power usage by communication with a power company in lieu of a meter reader

Apr 2019 · Question 72

Which of the following is a description of CGM (Consumer Generated Media)?

a)It allows the customers of a company who want to join a mailing list to register on it and periodically receive information via e-mail.b)It enables the delivery of the digital contents prepared by an individual to a viewer or audience and its sharing between the users.c)It offers functions for trading goods in an auction format and works as an intermediary for the consumers in personal trading.d)It provides a common ground for online shops of individual storekeepers and takes over the tasks of issuing common points and settling credit card payments.

Apr 2019 · Question 73

Which of the following is a description of the long tail?

a)A link to a company is placed on a website or blog, and the company pays a referral fee when the product is purchased via the link.b)By directly shipping products from manufacturers or wholesalers, one can sell products on his or her own website without taking a risk of inventories.c)It performs necessary processing, including integrated and systematic management, and delivery of digital content such as text and images that comprise web content.d)The accumulated sales of the product groups that are not selling well account for a percentage that cannot be ignored against the total sales in Internet shopping.

Apr 2019 · Question 74

Which of the following is a use case of deep learning to improve the performance of an in-car device?

a)An accelerometer detects the collision of the vehicle against a wall and causes the air bag to blow up, thus protecting the passenger from injury.b)By installing equipment that automatically performs idling stop, the fuel efficiency improves as compared with the case when a driver with a vast experience of driving drives a vehicle.c)By the acquisition and processing of numerous images, the driver assistance system can distinguish between a pedestrian and vehicle more reliably.d)The navigation system updates the software by a mobile phone line and refreshes the map.

Oct 2018 · Question 64

Which of the following is an example of usage of big data by a company?

a)A large amount of text on various social media channels is analyzed, and the products are improved.b)Employees in their 10th year of employment are extracted from the personnel information during the creation of a list of intended staff members for in-house training.c)The contact address is extracted from already-registered customer information for inquiries to the customer center.d)The sales profit ratio is calculated from the financial statements disclosed by the most important business partner.

Oct 2018 · Question 75

Which of the following corresponds to (5) in an example of a model of an affiliate program shown below in Internet advertising? Here, (1) through (5) indicate the order of operations in the model, and each of (1), (2), (4), and (5) corresponds to one of a) through d).

a)Agree to and participate in the affiliate programb)Click the advertisement on the websitec)Pay a contingency fee in accordance with the sales of the productd)Purchase the desired product