A Type of Operations Information System That Records and Processes

question 47

Short Answer

A type of operations information system that records and processes data resulting from routine business transactions such as sales, purchases, and payroll is called a(n) ________________________________________.

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Definitions:

Buying Securities

The act of purchasing financial instruments such as stocks, bonds, and mutual funds with the intention of generating returns.

Offer

A proposal by one party to enter into a contract with another party, specifying the terms by which they are willing to engage in a transaction.

Price Based

A strategy or decision-making process that prioritizes pricing as the main factor, often used in marketing and sales strategies.

Difference-in-Difference Estimate

A statistical technique used to measure the effect of a specific intervention or treatment by comparing the before-and-after differences in groups.