A(n) _____ Is a Branch of Decision Support Systems (DSSs)

question 24

Multiple Choice

A(n) _____ is a branch of decision support systems (DSSs) that gives managers easy access to internal and external data and typically includes drill-down features and a digital dashboard for examining and analyzing information. ​

• A) group support system
• B) executive information system
• C) electronic meeting system
• D) geographic information system

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Definitions:

Price Makers

Firms or entities that have the ability to influence the price of goods or services in the market due to their size, uniqueness of product, or market power.

Imperfectly Competitive

A market structure where the conditions necessary for perfect competition are not satisfied, often due to products being differentiated or barriers to entry existing.

Demand Curve

A graph showing the relationship between the price of a good and the quantity demanded, with the curve usually sloping downwards from left to right, indicating that a higher price leads to a lower quantity demanded.

Insulin

A hormone produced by the pancreas that regulates the amount of glucose in the blood.