Which of the Following Statements Regarding Marketing Information Systems Is

question 24

Multiple Choice

Which of the following statements regarding marketing information systems is TRUE?

• A)They have large data storage needs.
• B)Programmers are able to develop decision-calculus models that exactly replicate managers' decision-making processes.
• C)They can forecast future economic trends.
• D)They can easily be adapted to new managers' needs.
• E)Only b and c are true.

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Definitions:

Put Option

A put option is a financial contract giving the holder the right, but not the obligation, to sell a specific amount of an asset at a predetermined price within a specific time frame.

Obligation

A duty or commitment to do something or to pay a debt, often legally binding.

Sell

The act of transferring ownership of a product or service from one party to another in exchange for money or other compensation.

Option Contract

A contract which gives the buyer the right, but not the obligation, to buy or sell an underlying asset at a set price on or before a particular date.