Examlex

Solved

What Is Optimization in the Context of Decision Support Systems

question 46

Essay

What is optimization in the context of decision support systems and how does it function?


Definitions:

Corporate Profits

The surplus amount a company earns after deducting all its expenses, which reflects the financial health and operational success of the business.

Whistleblower

An individual who exposes illegal, unethical, or wrong practices within an organization to the public or to those in positions of authority.

Unethical Behaviour

Actions or practices that violate moral or professional guidelines, considered wrong or unacceptable.

Triple Bottom Line

A sustainability framework that examines a company's social, environmental, and financial performance, aiming for a balance between profit, people, and the planet.

Related Questions