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question 52

Multiple Choice

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Appreciate the importance of software in management information systems.

Differentiate between various computing models and their business applications.

Acknowledge the role of data management and analytics in business decision-making.

Grasp the concept and utility of artificial intelligence and expert systems in enhancing business operations.

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Definitions:

Total Compensation

The complete package of salary, benefits, bonuses, and any other form of remuneration given to an employee.

Exporting Industry

A sector of a country's economy that produces goods or services for sale abroad.

Imported Good

A product or service that is brought into one country from another and offered for sale.

Exported Good

A product manufactured in one country but shipped and sold abroad, contributing to a country's foreign trade balance.