To Monitor the Status of Internal Operations and the Firm's

question 95

Multiple Choice

To monitor the status of internal operations and the firm's relations with the external environment,managers need which of the following types of system?

• A)DSS
• B)KWS
• C)TPS
• D)MIS
• E)BIS

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Definitions:

Self-Governing

Having the authority or autonomy to govern oneself or manage one's own affairs without external control.

Professional Bodies

Organizations representing the interests of professionals in a specific industry, responsible for setting standards, providing training, and enforcing ethics.

Role

Describes the function or part played by a person or thing in a particular situation or system, such as in an organization or process.

Donoghue v. Stevenson

A foundational case in Scots and English tort law which established the principle that manufacturers owe a duty of care to the ultimate consumers of their products.