An Information System That Enables Decision Makers to Interact Directly

question 84

Multiple Choice

An information system that enables decision makers to interact directly with both databases and analysis models is called a(n) ________.

• A) transaction processing system
• B) decision support system
• C) expert system
• D) marketing information system
• E) information load

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Definitions:

Trade-In Allowance

The amount credited to the buyer by the seller when the buyer gives a previously owned product as part of the payment for a new product.

Price Reduction

A decrease in the price of a product or service, often to attract more customers or respond to market conditions.

Used Product

A term referring to items that have been previously owned and utilized by one or more persons before being sold or given to a new owner.

Everyday Low Pricing

A pricing strategy where a company consistently offers products at low prices rather than relying on sales, discounts, or promotions.