A Credit Union Uses an MIS to Effectively Record a Large

question 33

Multiple Choice

A credit union uses an MIS to effectively record a large volume of routine payments and deposits. The type of MIS that the bank uses is a(n) ________ system.

• A)expert
• B)decision support
• C)transaction-processing
• D)artificial intelligence
• E)executive support

Understand the modern view of technological advance as an internal element of capitalism driven by profit motives and competition.

Recognize the distribution of business R&D spending among innovation, invention, and basic research.

Grasp the concept of diffusion through the adoption of innovations by competitors or other industries.

Identify the characteristics and examples of start-up firms.

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Definitions:

Packaging Standards

Regulations and guidelines that dictate the materials, design, and labeling used in packaging products.

Enhances Belonging

Actions or factors that increase the feeling of being an accepted member of a community or group.

Human Relations

The interdisciplinary study focusing on the dynamics of individuals in groups and organizational settings, emphasizing interpersonal and social relationships.

Non-Work Elements

Components of a job or activity that are not directly related to the primary work tasks, often involving breaks, maintenance, or setup time.