Examlex

Solved

Define the Term Decision Support System (DSS)and Briefly Describe the Basic

question 18

Essay

Define the term decision support system (DSS)and briefly describe the basic capabilities of a DSS.


Definitions:

Government Ownership

This refers to enterprises or assets owned by the government or public authorities, rather than by private individuals or companies.

Private Property

Owned assets or possessions that are legally recognized and protected, excluding those owned by government entities.

Freedom of Enterprise

The freedom for individuals to start and operate private businesses in search of profits with minimal government intervention.

Competition

The economic rivalry between companies or individuals for a larger share of a market, leading to better quality products and services at lower prices.

Related Questions