A Management Information System Is ________

question 16

Multiple Choice

A management information system is ________.

• A) a system that supports managers by providing daily reports, schedules, plans, and budgets that can be used for making decisions
• B) an easy-access application of an information system designed for instant access by upper-level managers
• C) an information processing application for use in business activities involving well-defined processing steps
• D) an interactive system that locates and presents information needed to support the decision-making process

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Definitions:

Yardstick Approach

A method of performance evaluation that compares a company's results against a standard or benchmark.

Criteria Evaluation

The process of assessing something based on a set of standards or benchmarks to make a judgment or decision.

Yardstick Approach

A method of evaluation that involves comparing a current situation or performance against a standard measure or "yardstick."

Logical Arguments

Reasoning that follows a clear, structured line of thought, typically leading from premises to a conclusion.