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When firms are faced with making strategic choices in order to maximize profit,what do economists typically use to model their behaviour
Organization's Boundaries
The defined limits that distinguish the activities, responsibilities, and jurisdictions of an organization from others.
Management Information System
An organized system for collecting, storing, analyzing, and disseminating information for the purpose of facilitating management decision-making processes.
Information Technology
Leveraging computers, storage units, networking components, and other material devices, foundations, and processes to develop, handle, keep safe, store, and distribute all varieties of electronic data.
Specific Information Needs
The precise data or knowledge required by an individual or organization to make decisions or solve problems.
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