Which of the Following Statements Best Describes the Purpose of a Management

question 130

Multiple Choice

Which of the following statements best describes the purpose of a management information system?

• A)It assists the human resources department with research on employee benefit costs.
• B)It provides management with feedback from sales meetings.
• C)It is designed to produce reports for managers and others within the organization..
• D)It assists the accounting department with budget information.

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Definitions:

Custom Machine Shops

Businesses specializing in the custom design and manufacture of specialized parts and machinery tailored to specific customer requirements.

Negotiations

The process of discussing and arriving at a mutual agreement between parties with differing interests.

Major Purchase

A significant financial investment in a high-value item, such as a house, car, or expensive piece of equipment, that often requires careful planning.