Which of the Following Is a Software Program That Presents

question 69

Multiple Choice

Which of the following is a software program that presents key business information in graphical, easy-to-interpret form and alerts managers to any deviations or unusual patterns in the data?

• A) Executive dashboard
• B) Transaction processing system
• C) Executive information system
• D) Information reporting system

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Definitions:

Dominant Strategy

A dominant strategy is a course of action that yields the best payoff for a player regardless of what the other players in the game decide to do.

Payoff Matrix

A table that represents the potential outcomes or payoffs in a strategic decision-making situation, often used in game theory to illustrate the consequences of different actions.

Dominant Strategy

A strategy in game theory that is best for a player to follow regardless of what strategies other players choose.

Game Theory

A branch of mathematics and economics that analyzes strategies in competitive situations where the outcome depends on the actions of all participants.