Psychologists Study Information Systems with an Eye to Understanding

question 19

Multiple Choice

Psychologists study information systems with an eye to understanding:

• A)how systems affect individuals,groups,and organizations.
• B)how human decision makers perceive and use formal information.
• C)how new information systems change the control and cost structures within the firm.
• D)the production of digital goods.
• E)mathematically based models and physical technology.

---

Definitions:

Fair Market Value

The price at which property would sell between a willing buyer and a willing seller, each having reasonable knowledge of all relevant facts and not under any compulsion to transact.

Appraised Value

The estimated monetary value of an asset determined by a professional appraiser at a specific point in time.

Depreciated

Refers to the reduction in the recorded value of an asset over time due to wear and tear, obsolescence, or age.

Equipment

Tangible assets used in operations, such as machinery or office hardware, that play a key role in business operations and productivity.