At the Level of Middle Management,the Database Must Be Able

question 72

Multiple Choice

At the level of middle management,the database must be able to .

• A)provide a framework for defining and enforcing organizational policies
• B)provide the data necessary for tactical decisions and planning
• C)provide feedback to monitor whether a company is achieving its goals
• D)provide access to external and internal data to identify growth opportunities

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Definitions:

Deadweight Loss

The loss of economic efficiency that occurs when the equilibrium for a good or a service is not achieved due to market inefficiencies or interventions.

Tax Per Unit

A tax that is levied on a product based on the amount of the product sold, not on its value.

Consumer Surplus

The incongruity between what consumers are willing to expend on a good or service and what they truly expend.

Producer Surplus

The difference between what producers are willing to accept for a good or service and the actual amount they receive.