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:

Criteria

Standards, rules, or tests by which something can be judged or decisions are made.

Indefinite Period

A duration of time without a specified end, often creating uncertainty in contracts or agreements.

Statute of Frauds

Legal regulation stipulating that certain contracts must be written and signed to be legally enforceable, including agreements related to real estate, marriage, and debts.

Writing Requirement

The writing requirement refers to a legal principle that certain agreements or contracts must be in written form and signed by the parties involved to be legally enforceable.