A(n)_____ System Is a Branch of Decision Support Systems (DSSs)that

question 38

Multiple Choice

A(n) _____ system is a branch of decision support systems (DSSs) that gives managers easy access to internal and external data and typically includes drill-down features and a digital dashboard for examining and analyzing information.

• A)group support
• B)executive information
• C)electronic meeting
• D)geographic information

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Definitions:

Efficiency-wage Model

A theory suggesting that higher wages can lead to increased productivity by attracting better workers and motivating them to work harder.

Marginal Productivity

The additional output generated by employing one more unit of a particular input, holding other inputs constant.

Diminishing-returns Theory

The principle that says that if one factor of production is increased while others are held constant, the incremental output will eventually decrease.

Wage Disparity

The difference in wages earned by different groups of workers, often arising from factors such as occupation, education, experience, or gender.