List the Six Types of Management Information Systems

question 7

Short Answer

List the six types of management information systems.Define any three of these management information systems.

---

Definitions:

Minimum Price

A price floor set by the government, below which a product cannot be sold legally, aiming to ensure fair prices for producers.

Short Run

The short run is a time period in economics during which at least one input is fixed, limiting the ability of the economy or firm to adjust its output levels.

Market Price

The price of a good or service as determined by supply and demand in the open market.

Soybeans

A type of legume native to East Asia, widely grown for its edible bean used in a variety of foods and products.