MIS Is a Business Function

question 194

Multiple Choice

MIS is a business function. Which of the following does MIS perform to help aid the company in decision making and problem solving?

• A) Moves information about people.
• B) Moves processes across the company to improve systems.
• C) Moves information about products.
• D) All of these.

Understand the distinction between primary and secondary data in research.

Recognize the importance of developing new product concepts based on marketing research.

Identify the constraints faced during marketing research.

Know the varieties of data sources available for marketing research.

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Definitions:

Potassium Bromide

A chemical compound with the formula KBr, commonly used in photography, as a medication, and as a laboratory reagent.

Saturated Solution

A solution containing the maximum concentration of a solute dissolved in a solvent at a given temperature and pressure.

Molarity

A measure of concentration expressing the number of moles of a solute per liter of solution.

Diluting

The process of reducing the concentration of a solute in a solution, usually by adding more solvent.