Which of the Following Is a Difference Between an Executive

question 103

Multiple Choice

Which of the following is a difference between an executive information system (EIS) and a decision support system (DSS) ?

• A) Unlike an EIS, a DSS speeds up and simplifies the acquisition of information.
• B) Unlike an EIS program, a DSS program is broad in scope.
• C) Unlike a DSS program, an EIS program permits managers to retrieve all kinds of information about a company.
• D) Unlike a DSS, an EIS helps managers understand problems by acquiring and analyzing information with sophisticated tools.

Understand the concept and impact of cognitive biases on perception and decision-making.

Identify and differentiate between various heuristic processes in judgment, such as availability, representativeness, and ease of retrieval effects.

Recognize the influence of first impressions and their resilience to change.

Comprehend the role of memory processes, including consolidation, reconstruction, and the misinformation effect.

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Definitions:

Profitability Ratios

Financial metrics used to assess a business's ability to generate earnings relative to its revenue, assets, equity, or other financial metrics.

PE Ratio

Price-to-Earnings Ratio, a valuation metric that compares the current share price of a company to its per-share earnings.

Dividends Per Share

Dividends per share (DPS) is a financial ratio that indicates how much a company pays out in dividends each year relative to its share price.

Earnings Per Share

A measure of a company's profitability that divides its net earnings available to common shareholders by the outstanding shares.