MIS Typically Produce

question 33

Multiple Choice

MIS typically produce:

• A)new ways of looking at data that emphasize change,flexibility,and rapid response.
• B)fixed,regularly scheduled reports based on data extracted from the organization's TPS.
• C)solutions to semi-structured problems appropriate for middle management decision making.
• D)assumptions,responses to ad-hoc queries,and graphic representations of existing data.
• E)scorecards of overall firm performance along predefined key indicators.

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Definitions:

Weekly Interest Rate

The interest rate applied to loans, savings, or investments calculated on a weekly basis.

Optimal Initial Cash Balance

Optimal initial cash balance is the ideal amount of cash a business should hold at the start of a period to meet operational needs and minimize costs, considering factors like transaction costs and opportunity costs.

Monthly Standard Deviation

A statistical measure that represents the variability or volatility of an asset's returns over a month.

Market Rate of Return

The average rate of return anticipated by investors in the overall market for a particular investment category.