Given the Following List 2 - Uescriptians
1

question 160

Essay

Given the following:
$\begin{array}{l}\underline{\text { List } 1 \text { - Terms }}\\\begin{array}{llll}\text { A. } & \text { data mining } & \text { F. } & \text { group support system } \\\text { B. } & \text { data warehousing } & \text { G. } & \text { intelligent agent } \\\text { C. } & \text { decision support system } & \text { H. } & \text { knowledge managemen } \\\text { D. } & \text { executive information system } & \text { I. } & \text { neural network } \\\text { E } & \text { expert system } & &\end{array}\end{array}$
List 2 - Uescriptians
1. This applies expertise extracted frum a human expert to provide specific recommendations an problems or decisians.
2. These systems are mainly about collecting and presenting informatian and often have the ability to drill down.
3. This is a computer hardware and software system that minics the human brain's ability to recoprize patterns ar predict autcomes using less-than-camplete infarmatian.
4. This is a computer-based system that supports callaborative intellectual wark such as idea generation, elaboration, analysis, syrthesis, information sharing and decision maling
5. This is a saftware progarn that may be integrated into a decision support system ar ather software tadl (such as ward pracessing spreadsheet ar database packages).
6. A spreadsheet is a typical campanent of this system.
7. This is the process of capturing storing retrieving and distributing the knowledge of the indididals in an arganization for use by athers in the argarization to improve the quuality and efficiency of decision making across the firm.
8. This is the use of information systems facilities to facus on the collection arganization, integation, and long-term storage of entity-vide data.
9. This is used to better understand an arganization's business proces5es, trends writhin these praces5e5, and potential apporturities to inprove the effectiveness and efficiency of the argarization. Required:
On your solution sheet, list the numbers 1 through 9 from List 2. Next to each number, show the capital letter from List 1 that best fits the description from List 2.

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Definitions:

Purely Competitive Firm

A business that operates in a market with infinite buyers and sellers, no barriers to entry, and a standard product, leaving the company as a price taker.

Unitary Elasticity

A situation in economics when a change in the price of a product leads to an equal proportionate change in the quantity demanded or supplied.

Marginal Revenue

The additional income received from selling one more unit of a good or service; it is an important concept for determining the optimal level of output for a company.

Purely Competitive Firm

A company operating in a market where there are many buyers and sellers, the products are homogeneous, and there are no barriers to entry or exit.