Which of the Following Is a New and Consultative Function

question 48

Multiple Choice

Which of the following is a new and consultative function of the MIS department?

• A)Educating the MIS staff about the business
• B)Infrastructure planning
• C)Managing systems development
• D)Providing technical services

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Definitions:

Government Intervention

Actions taken by the government to influence or directly regulate economic activity, markets, or distribution of resources.

Price Ceiling

A legal maximum on the price at which a good can be sold.

Producer Surplus

The difference between what producers are willing to sell a good for and the actual price they receive.

Excess Demand

A situation where the quantity demanded of a good or service exceeds its quantity supplied at a particular price.