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A Management Information System Assesses Information Needs, Develops Needed Information

question 32

True/False

A management information system assesses information needs, develops needed information, and helps decision makers use the information.


Definitions:

Digital Camera

A device that captures photographs in digital format, allowing for storage, display, and sharing on electronic platforms.

Product Innovation

The development and sale of a new or improved product (or service).

Entrepreneurs

Individuals who provide entrepreneurial ability to firms by setting strategy, advancing innovations, and bearing the financial risk if their firms do poorly.

Innovators

Innovators are individuals or organizations that introduce new ideas, methods, or products, often leading the way in technological and societal changes.

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