In the Context of Defining the Objectives and Benefits of a Management

question 45

Multiple Choice

In the context of defining the objectives and benefits of a management support system (MSS) , which is an intangible benefit?

• A)Increasing profits
• B)Increasing demand
• C)Improving customer service
• D)Improving the organization's revenue

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Definitions:

Interest Rate

The proportion of a loan that is charged as interest to the borrower, typically expressed as an annual percentage.

Investment

The allocation of resources, typically money, into assets with the expectation of generating income or profit in the future.

Machinery

Equipment with moving parts used to perform any type of work, often found in industrial or agricultural settings.

Equipment

Tangible property used in the operation of a business but not consumed or sold during the business cycle.