Distinguish Between a Management Information System (MIS) and Decision Support

question 22

Essay

Distinguish between a management information system (MIS) and decision support system (DSS).

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Definitions:

Moral Expectations

The anticipated standards of behavior based on ethical principles and societal norms.

Shared Value

Shared value is a business strategy focused on creating economic value in a way that also produces value for society by addressing its challenges and needs.

Socio-Economic

Pertaining to or dealing with how social and economic elements impact each other.

CSR Approaches

Strategies and practices companies use to conduct business in an ethical and socially responsible manner, aiming to positively impact society.