Examlex
List any four benefits of a decision support system (DSS)as outlined by Peter G.Keen.
Control
The exercise of authoritative or regulatory influence over something or someone to guide or manage operations and behaviors.
Moral Hazard
A situation in which one party is more likely to take risks because they do not bear the full consequences of their actions, often due to asymmetrical information or misaligned incentives.
Economic Inefficiency
A situation in which resources are not allocated optimally, leading to wastage or less than maximum output.
Insurance Markets
Markets where individuals and entities can purchase insurance products to protect against various types of risk.
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