Which of the Below Is Not Included as Part of a Benchmark

question 197

Multiple Choice

Which of the below is not included as part of a benchmark?

• A) Benchmarks help assess how an MIS project performs over time.
• B) When measured against MIS projects,benchmarks can provide feedback so managers can control the system.
• C) Benchmarks help to establish baseline values the system seeks to attain.
• D) Benchmarks perform all of these choices.

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Definitions:

Marginal Cost Curve

A graphical representation that shows the change in the total cost of producing one more unit of a good.

Price Elasticity

The influence exerted by price variations on the demand level of a specific good quantified.

Price-Discriminate

The practice of charging different prices to different consumers for the same good or service, based on factors like location, buying habits, or willingness to pay.

Higher Prices

Typically the result of increased demand or reduced supply, leading to a rise in the cost of goods and services.