Scenario - Larry Slaton

question 56

Multiple Choice

Scenario - Larry Slaton
Larry Slaton is an executive with InfoTech Productions.This morning,Larry has been attending a top management meeting exploring the potential value of using a new computer system at InfoTech.The executive team has reached a consensus opinion that the new system should be able to increase the effectiveness and the efficiency of operations and services.Larry has been assigned to work directly with computer system vendors and to develop the best system for InfoTech.
-Larry is negotiating with a computer software firm to develop an interactive software system that facilitates group communication and decision making.This software is normally classified as

• A)artificial intelligence.
• B)a collaborative work system.
• C)an expert system.
• D)an electronic data exchange.
• E)none of these.

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Definitions:

Banking Assets

Refer to the properties, loans, securities, and other financial resources owned or controlled by a bank that have value and can be used to meet its financial obligations.

Five Major Banks

A term often used to refer to the five largest banks in a particular country, which usually hold significant market share within the national financial system.

Division Of Labour

The assignment of different parts of a manufacturing process or task to different people in order to improve efficiency.

Social Relations

Connections or interactions between individuals or groups, influencing the way societies form and individuals' positions within them.