Efficiency MIS Metrics Focus on the Extent to Which a Firm

question 205

Multiple Choice

Efficiency MIS metrics focus on the extent to which a firm is using its resources in an optimal way, while effectiveness MIS metrics focus on _________.

• A)understanding how successful a firm is at achieving its goals and objectives
• B)analyzing if a firm is doing the right things
• C)setting the right goals and ensuring they are accomplished
• D)All of these are correct.

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Definitions:

High Blood Pressure

A state where the pressure of blood on the walls of arteries is excessively high, commonly resulting in health issues like heart disease.

Clinical Trial

A research investigation in which people volunteer to test new treatments, interventions or tests as a means to prevent, detect, treat or manage various diseases or medical conditions.

Probability

The calculation of the likelihood of an event's occurrence, represented as a numeric value between 0 and 1.

Ace of Spades

A specific playing card considered to be the highest card in the deck of spades in many card games.