Examples of the transaction processing system

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1. Provide details and examples of the transaction processing system (TPS) offered by retail vendors.

2. Discuss the concepts of depend events and statistical fluctuations using the Boy Scout and dice game examples from the book, (The Goal.)

please explain answer from the book the goel.

3. Describe in your own words what Risk Management is. Why is the identification of risk, by listing assets and their vulnerabilities, so important to the risk management process? Discuss.

Reference no: EM132219212

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