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Discuss Why Functional Area Information Systems Would Have Been Built

question 75

Essay

Discuss why functional area information systems would have been built as silos. Explain the limitations of that approach.


Definitions:

Marginal Utility

The additional satisfaction or utility that a consumer gains from consuming one more unit of a good or service.

Marginal Utility

The additional satisfaction or utility that a consumer receives from consuming one more unit of a good or service.

Total Utility

The total satisfaction received by consuming a certain amount of goods or services.

Marginal Utility

The additional satisfaction or utility gained from consuming one more unit of a good or service.

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