A Subject-Oriented,integrated,time-Variant,nonvolatile Collection of Data Used in Support of Management

question 58

Multiple Choice

A subject-oriented,integrated,time-variant,nonvolatile collection of data used in support of management decision making best describes a(n) :

• A)information desk
• B)data warehouse
• C)data mart
• D)data center

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Definitions:

Diagram (A)

A graphical representation or chart designed to illustrate or explain concepts, processes, or data.

Allocative Inefficiency

A situation in which resources are not distributed optimally among producers or consumers, leading to a loss in economic efficiency.

Profit-Maximizing Output

The point of production where a company reaches its maximum profit, occurring when marginal cost is equal to marginal revenue.

Marginal Cost

The bump in expenditure for manufacturing an additional unit of a product or service.