A(n)_____ System Processes _____ Transactions While A(n)_____ System Provides Managers

question 63

Multiple Choice

A(n) _____ system processes _____ transactions while a(n) _____ system provides managers with information to be used in their _____ decisions.

• A) transaction-processing; nonroutine; operations information; routine
• B) transaction-processing; routine; operations information; nonroutine
• C) operations information; routine; transaction-processing; nonroutine
• D) operations information; nonroutine; transaction-processing; nonroutine
• E) transaction-processing; nonprogrammed; operations information; programmed

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Definitions:

Implementation Phase

The stage in a project or plan where strategies are executed and the ideas or concepts are put into action.

Evaluation Phase

A stage in a process where the outcomes are assessed to determine their success, effectiveness, or value compared to the stated objectives or criteria.

Planning Gap

The difference between a company’s current performance and its desired goals, often leading to strategic changes to bridge the gap.

Contribution Margin

A financial metric that represents the difference between sales revenue and variable costs, indicating how much revenue contributes to fixed costs and profit.