If a Manager Needs a Reporting System That Provides the Ability

question 28

Multiple Choice

If a manager needs a reporting system that provides the ability to ask "what if" questions,which of the following systems would she install?

• A) an expert system
• B) a transaction processing system
• C) a decision support system
• D) an operating system

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Definitions:

Quantity Demanded

The aggregate quantity of a product or service that buyers are prepared to buy at a given price point.

Quantity Demanded

The total amount of a good or service that consumers are willing and able to purchase at a specific price level and at a given time.

Quantity Supplied

Quantity supplied refers to the amount of a good or service that producers are willing and able to sell at a given price over a specific period.

Demand Increased

A situation where the quantity of a product or service desired by buyers rises due to factors like income growth, taste changes, or price decreases of the product or complementary goods.