How Do Information Systems Aid in Decision Making

question 103

Multiple Choice

How do information systems aid in decision making?

• A) Information systems help companies determine investments.
• B) Information systems help companies determine which products to sell or discontinue.
• C) Information systems can be used to gain competitive advantage.
• D) All of the choices are correct.

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Definitions:

Marketing Spending

The total expenditure made by a business on marketing activities, including advertising, promotions, and other strategies to boost sales and brand awareness.

Marketing Dollars

Funds allocated by an organization for activities related to marketing, advertising, and promoting their products or services.

Marketing Dashboard

A visual representation tool that displays key marketing metrics and indicators to help in decision-making.

Sales Revenue

The total amount of money generated from sales of goods or services before any expenses are subtracted.