A Decision Support System (DSS)

question 1

Multiple Choice

A decision support system (DSS) : 

• A) ​speeds up and simplifies the acquisition of information. 
• B) ​uses external sources of data to provide managers the information to analyze organizational performance. 
• C) ​is designed to help managers deal with specific kinds of problems. 
• D) ​is a hybrid of executive information systems and intranets.

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Definitions:

Corporate Governance

The procedures designed to ensure that the company is managed in the interests of the shareholders.

Board of Directors

A body of people chosen by stockholders to supervise the administration and make significant decisions for a company.

Company's Management

The group of individuals responsible for the strategic planning and day-to-day operations of a company, including decision-making and policy setting.