These Are Collections of Data Designed to Support Management Decision

question 49

Multiple Choice

These are collections of data designed to support management decision making, and sometimes serve as repositories of organizational knowledge.

• A) Data-marts
• B) Data containers
• C) Data warehouses
• D) Data storage centers
• E) RAID

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Definitions:

Consumer's Income

The total amount of money earned by a consumer, influencing their purchasing power and spending behavior.

Equilibrium

A state of balance or stability within a system where opposing forces or influences are equal and cancel each other out.

Marginal Utility

The supplementary satisfaction or advantage received from consuming one more unit of a good or service.

Utility Maximization

An economic principle that suggests individuals seek to achieve the highest level of satisfaction possible with their available resources.