Bob's Company Has an Intranet Set Up Where the Employees

question 50

Multiple Choice

Bob's company has an intranet set up where the employees are able to retrieve information if needed.This situation represents which of the following types of information system?

• A) transaction processing system
• B) management information system
• C) executive information system
• D) expert system

---

Definitions:

Disinflation

A decrease in the rate of inflation, indicating a slowdown in the rate at which prices for goods and services increase over time.

Phillips Curve

An economic concept that illustrates an inverse relationship between the rate of inflation and the unemployment rate in the short run.

Disinflates

Disinflation refers to a reduction in the rate of inflation, leading to a slower increase in the price levels of goods and services.

Unemployment Rate

The percentage of the working-age population that is unemployed and in the process of looking for a job.