What Is the Goal of an Executive Information System (EIS)

question 17

Multiple Choice

What is the goal of an executive information system (EIS) ?

• A)to replace the need for intuition in decision making  
• B)to create a link among authorized data and network users  
• C)to protect organizational data from hackers  
• D)to provide accurate,complete,relevant,and timely information to managers

---

Definitions:

Optimal Quantity

The quantity that generates the highest possible total profit.

Economic Analysis

The systematic approach to determining the optimum use of scarce resources, involving comparison of two or more alternatives in achieving a specific objective under the given assumptions and constraints.

Marginal Benefit

The additional benefit obtained from consuming one more unit of a product or service.

Marginal Benefit

The additional benefit received from consuming one more unit of a product or service.