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The Principal Difference Between an Executive Information System (EIS) and a Decision

question 4

Multiple Choice

The principal difference between an executive information system (EIS) and a decision support system (DSS) is that an EIS:


Definitions:

Event

An occurrence or happening, especially one of significance.

Law of Small Numbers

A cognitive bias that leads people to make unjustified conclusions based on limited data.

Risks

The potential for losing something of value, or the uncertainty regarding the outcome of an action or decision.

Probability

The likelihood or chance of an event occurring, often expressed as a number between 0 and 1.

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