A Frequently Overlooked Component of an Information System, ____________________ Are

question 65

Short Answer

A frequently overlooked component of an information system, ____________________ are the written instructions for accomplishing a specific task.

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Definitions:

AP

Advance Placement; a program in the United States and Canada offering college-level curriculum and examinations to high school students.

Economies of Scale

The cost advantages that enterprises obtain due to their scale of operation, with cost per unit of output generally decreasing with increasing scale.

Diseconomies of Scale

The situation where a company or business grows so large that the costs per unit increase, leading to inefficiency.

Constant Returns to Scale

A condition in production where increasing the inputs results in a proportional increase in output.