The Three Activities in an Information System That Produce the Information

question 83

Multiple Choice

The three activities in an information system that produce the information organizations use to control operations are

• A) information retrieval, research, and analysis.
• B) input, output, and feedback.
• C) input, processing, and output.
• D) data analysis, processing, and feedback.

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Definitions:

Business Lunch

A meal event typically intended for discussing business matters, networking, or fostering professional relationships, often taking place during lunch hours.

Net Profit

Money remaining after costs of marketing and operating the business are paid.

Cost Of Goods Sold

Cost of Goods Sold (COGS) represents the direct costs attributable to the production of the goods sold by a company, including materials and labor costs.

Break-Even Volume

The quantity of sales or units sold required to cover the fixed and variable costs of production, resulting in a situation where the business makes neither a profit nor a loss.