Which of the Following Is the Collective Term That Describes

question 59

Multiple Choice

Which of the following is the collective term that describes the methods and the equipment used to provide information about all aspects of a firm's operation?

• A) an information processing system
• B) a management information system
• C) an information network
• D) a transaction processing system

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Definitions:

Linking Rewards

The practice of connecting incentives or benefits to specified behaviors or achievements.

Performance Levels

The degree to which an individual, group, or system accomplishes its goals or objectives effectively.

Scientific Management

A theory of management that analyzes and synthesizes workflows, aiming to improve economic efficiency, especially labor productivity.

Maximum Efficiency

The highest level of productivity and effectiveness that can be achieved with the least amount of waste, effort, or expense.