ITs Role in Organizational Decision Making Is to Help the User

question 43

Multiple Choice

ITs role in organizational decision making is to help the user to figure out:

• A) what and how IT can be used to help the decision maker get the information he needs.
• B) better formulate the problem the user is trying to solve.
• C) help the user to clarify their preferences.
• D) help the user to process complex reasoning.
• E) All of the above

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Definitions:

Break-Even Time

The period required for an investment, project, or business to generate enough income to cover its initial cost, reaching a point where there are no net losses or gains.

Highest Rank

The top position or level in an organizational hierarchy or system.

Payback Period

The amount of time it takes for an investment to generate an amount of income or cash equal to the cost of the investment.

Unprofitable Investment

An investment that generates a financial loss or does not achieve the expected financial return.