All of the Following May Be Viewed as Decision Support

question 16

Multiple Choice

All of the following may be viewed as decision support systems EXCEPT

• A) an expert system to diagnose a medical condition.
• B) a knowledge management system to guide decision makers.
• C) a system that helps to manage the organization's supply chain management.
• D) a retail sales system that processes customer sales transactions.

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Definitions:

Firms

Business organizations or entities engaged in commercial, industrial, or professional activities with the goal of generating profits.

Resource Market

Markets where resources (or factors of production) like labor, capital, and raw materials are bought and sold.

Consumption Expenditures

The total amount spent by consumers on goods and services within a specified period.

Households

Individuals or groups living together who make joint decisions on consumption and resource allocation, forming the basic consuming unit in an economy.