A Drawback to High-Velocity,automated Decision-Making Systems Is That They Are

question 67

Multiple Choice

A drawback to high-velocity,automated decision-making systems is that they are unable to:

• A)handle high volumes of decisions.
• B)handle structured decisions.
• C)handle semi-structured decisions.
• D)control themselves and respond to new environments.
• E)be applied to situations outside of the financial world.

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Definitions:

Cell Phones

Portable electronic devices that allow for telecommunication over long distances without the need for wired connections.

Videoconference

A technology-enabled meeting in which participants in different locations interact via video and audio transmissions, allowing for real-time communication.

Cost Effective

Refers to a process, action, or methodology that achieves its objectives without wasting resources, ideally delivering the best possible outcome for the lowest cost.

Critical Issues

Significant problems or challenges that require immediate attention and resolution to prevent negative consequences.