Information Systems That Focus on Operational and Managerial Applications in Support

question 101

Multiple Choice

Information systems that focus on operational and managerial applications in support of basic business functions, such as accounting or marketing, are known as _______________.

• A) functional business systems
• B) strategic information systems
• C) executive information systems
• D) knowledge management systems

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Definitions:

Tax Receipts

The revenue collected by the government through various forms of taxation.

Government Expenditures

Financial spending by the government on goods, services, and public projects, including healthcare, education, and infrastructure.

Built-In Stability

refers to automatic fiscal policies and regulations that stabilize economic fluctuations without additional government intervention.

Real GDP

The measure of a country's economic output adjusted for price changes and inflation.