In All Information Systems, Data Resources Must Be Organized and Structured

question 19

Multiple Choice

In all information systems, data resources must be organized and structured in some logical manner, so that they can be:

• A) Easily accessed
• B) Processed efficiently
• C) Retrieved quickly
• D) All of the choices are correct.

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Definitions:

Production Possibility Frontier

A curve depicting all maximum output possibilities for two or more goods given a set of inputs (resources), assuming all resources are fully utilized.

Opportunity Costs

The penalty of overlooking the next most advantageous option when a choice is made.

Efficient

Achieving maximum productivity with minimum wasted effort or expense.

Production Possibility Frontier

A graphical representation showing the maximum combination of goods and services that can be produced using all available resources efficiently.