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A(n) _______________ Business System Is a Type of Information System

question 11

Multiple Choice

A(n) _______________ business system is a type of information system that supports the business functions of accounting, finance, marketing, operations management, and human resource management.


Definitions:

Immediate Effect

The instant impact or outcome that follows a specific action or decision, without significant delay.

Price Floor

A government- or authority-imposed minimum price that can be charged for a good or service, intended to prevent prices from falling too low.

Market Price

The actual selling price of a good or service in the marketplace, determined by supply and demand dynamics at any given time.

Rent Controls

Government-imposed maximums on the rent that landlords can charge tenants.

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