In an Information Systems Organization Structure, the Three Functions That

question 9

Multiple Choice

In an information systems organization structure, the three functions that might logically report directly to the CIO would be:

• A)systems development, technical services, and data center
• B)systems development, database administration, and data center
• C)systems development, technical services, and data librarian
• D)applications programming, technical services, and data center

Apply the concept of cost of goods sold (COGS) in the context of retail pricing and profitability.

Realize the roles of returns, allowances, and discounts in adjusting gross sales.

Analyze the impact of promotional activities on expense categories within an income statement.

Understand the legal principles regarding negligent service and vicarious liability.

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Definitions:

Collaboration

Working together cooperatively among businesses or entities towards a common goal or project, often enhancing performance or outcomes.

Inventory

The total amount of goods and materials held by a company for the purpose of resale or production.

Production Stable

A situation in manufacturing where the production process is consistent, reliable, and capable of meeting expected demand without significant fluctuations.

Forward Buying

The practice of purchasing stock in larger quantities than needed immediately to take advantage of lower prices or anticipated price increases.