What Is the Primary Purpose of Information Systems in a Large

question 6

Multiple Choice

What is the primary purpose of information systems in a large franchise?

• A)to increase profits
• B)to generate data which can be used to accumulate working knowledge
• C)to leverage working knowledge
• D)both a and c

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Definitions:

MC

Often referred to as Marginal Cost, it is the increase in total cost that arises from an extra unit of production.

Inputs

Resources used in the production process to produce goods or services.

Production

The process of creating goods or services using inputs such as labor, materials, and technology.

Spreading Effect

refers to the phenomenon where the impact of a particular event, policy, or action extends or disperses across a wider area or population.