____________________ Are the Different Types of Information Systems Developed to Support

question 91

Short Answer

____________________ are the different types of information systems developed to support certain aspects and types of decisions.

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Definitions:

Partnership

A legal business structure where two or more individuals agree to share the profits and losses of a business.

Corporation

Legal organization with assets and liabilities separate from those of its owner(s).

Franchise

A licensing agreement where a franchisor allows a franchisee to use its brand, products, and operating methods.

Franchising Agreement

A legal contract where a franchisor grants a franchisee the right to operate a business using the franchisor's trademark, product, and business model in exchange for fees.