From a Business Perspective,raw Data Is Transformed Systematically During Various

question 5

Multiple Choice

From a business perspective,raw data is transformed systematically during various stages,transforming it into valuable information,in a process called

• A)the information value chain.
• B)the IT value chain.
• C)information processing.
• D)feedback.
• E)dissemination.

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Definitions:

Units Produced

The total quantity of items manufactured by a company during a specific period.

Total Fixed Costs

The cumulative sum of all business expenses that are consistent and do not vary with the level of output, including overheads like rent, salaries, and utilities.

Level Of Activity

The volume of output or production activity attained within a specified period, often used to measure the efficiency and capacity utilization of a business.

Cost Behavior

The manner in which a cost changes in relation to its activity base (driver).