A marketing manager is trying to decide whether or not to lower the price of one product in a product line. A transaction-processing system would be best suited to assist her in making this decision.
Answer the following statement true (T) or false (F)
False
Transaction-processing systems handle large volumes of routine, recurring transactions. Managers might use a decision-support system to help them decide whether to cut prices for a product. The decision-support system might contain models of how customers and competitors would respond to a price cut.
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