An Information System Can Be Defined Technically as a Set

question 22

Multiple Choice

An information system can be defined technically as a set of interrelated components that collect,process,store,and distribute information to support

• A)decision making and control in an organization.
• B)communications and data flow.
• C)managers analyzing the organization's raw data.
• D)the creation of new products and services.

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Definitions:

Employee Participation

A workplace practice where employees are involved in decision-making processes, potentially improving satisfaction and productivity.

Phantom Stock Plan

A type of employee benefit plan that gives selected employees many of the benefits of stock ownership without giving them any company stock, often tied to the performance or value of the company's stock.

Company Stock

Shares of ownership in a corporation, representing a claim on part of the corporation's assets and earnings.

Performance-Based Pay

A compensation system where an employee's pay is directly tied to their performance metrics, aimed at incentivizing high levels of job performance.