What Are the Three Primary Types of Management Information Systems

question 67

Multiple Choice

What are the three primary types of management information systems available to support decision making across the company levels?

• A)transaction processing systems, decision support systems, executive information systems
• B)analytical information, decision support systems, executive information systems
• C)transaction processing systems, drill-down systems, expert systems
• D)what-if analysis, sensitivity analysis, goal-seeking analysis

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Definitions:

Product Line

A group of related products manufactured or sold by a business.

Material Handling

The activities involved in moving, storing, controlling, and protecting materials and products throughout the manufacturing, distribution, consumption, and disposal processes.

Storage Costs

Storage costs are expenses associated with warehousing and holding inventory, including rent, utilities, and other maintenance expenses for storage facilities.

Activity-Based Costing

Activity-based costing is an accounting method that assigns costs to products or services based on the activities that go into producing them, thereby giving more accurate insights into the costs and profitability of each.