What Is a System That Collects and Stores the Company's

question 63

Multiple Choice

What is a system that collects and stores the company's key data and produces the information needed by managers for analysis,control,and decision making?

• A) batch operations
• B) an office automation system
• C) a management support system
• D) a process control unit

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Definitions:

Convergent Thinking

A problem-solving approach that focuses on finding a single, best solution to a problem by converging on a solution based on logic and facts.

Collaborative Decision Making

A process where two or more individuals work together to make a decision.

Cyclical Process

A process that repeats itself in cycles, where the end of one cycle is the beginning of the next.

Prioritization Matrix

A decision-making tool used to rank different options or projects based on specific criteria, helping to allocate resources efficiently.