The Primary Focus of a Management Information System Is on the Management

question 95

Multiple Choice

The primary focus of a management information system is on the management of

• A)people.
• B)costs.
• C)activities.
• D)time.

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Definitions:

Excise Taxes

Taxes charged on the sale of specific goods and services, such as alcohol and tobacco, often used as a tool for discouraging their consumption.

Sales Taxes

Taxes levied on the sale of goods and services, normally calculated as a percentage of their price.

Marginal Social Benefit

The additional benefit to society as a whole from an increase in the consumption or production of one more unit of a good or service.

Pollution

The introduction of contaminants into the natural environment that cause adverse change, often impacting air, water, and soil quality.