In What Way Do Managers Benefit from the Use of a Database

question 84

Multiple Choice

In what way do managers benefit from the use of a database, or "data warehouse"?

• A) Data can be entered at numerous input terminals within the organization.
• B) The managers would not be completely responsible for the information that is entered into the database system.
• C) The managers could combine or adjust these data to answer the questions from particular internal and external users.
• D) The managers do not benefit, as the information requires technical expertise to retrieve.
• E) Managers can store old documents in hard copy.

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Definitions:

Long-Run

Pertains to a period in which all factors of production and costs are variable, allowing companies to adjust all inputs.

AVC

Average Variable Cost, the total variable cost divided by the number of units produced, reflecting costs that change with output.

Short-Run

A period during which at least one of a firm's inputs is fixed, limiting its ability to adjust to demand changes.

AVC

Average Variable Cost, which is the total variable costs of production divided by the quantity of output.