Which of the Following Is an Assumption About Information Systems

question 13

Multiple Choice

Which of the following is an assumption about information systems that Ackoff disputed?

• A) Managers are aware of the data they need.
• B) There is too much information.
• C) There is too much uncertainty in making any decisions.
• D) Computer speed doubles every 18 months.
• E) Managers suffer from a lack of training.

---

Definitions:

Imperfect Competitors

Firms or entities in a market structure where they have some control over the price of their products, due to lack of perfect competition.

Natural Monopolies

Market situations where due to high fixed costs or unique resources, a single firm can supply a product or service more efficiently than any potential competitor, often resulting in regulation.

Public Utilities

Companies that provide essential services such as water, electricity, and gas to the public and are often subject to regulatory oversight.

Short Run

A timeframe in economics during which at least one input (like plant size) is fixed and cannot be changed, focusing on immediate operational decisions.