A System That Gathers Comprehensive Data, Organizes It, and Summarizes

question 3

Multiple Choice

A system that gathers comprehensive data, organizes it, and summarizes it in ways that are useful to managers is known as a(n) ________ system.

• A)transaction-processing
• B)e-commerce
• C)expert or artificial intelligence
• D)operations information

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Definitions:

Futures Markets

Exchanges that facilitate the buying and selling of futures contracts, which are agreements to buy or sell assets at a future date at a predetermined price.

Leverage

The use of borrowed money to increase the potential return of an investment, which can also magnify the potential loss.

Margin

The difference between the selling price of a product or service and its cost, or the borrowed funds used to invest in securities.

Margin Call

A demand by a broker that an investor deposits further cash or securities to cover possible losses.