Define management information systems

What will be an ideal response?


Management information systems, or MIS, is the management and use of processes, information systems, and information to help organizations achieve their strategies.

Business

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In terms of trade areas, the owner of Bubba's Bar and Grille defines his ________ as the geographic area in which 70 percent of his customers live.

A. secondary trading area B. geographic market C. tertiary trading area D. fundamental market E. primary trading area

Business

The mean, median, and mode are all examples of ____ statistics.

a. Descriptive b. Inferential c. Numerical d. Variation

Business

Customers arrive into a queuing system from a demand __________?

a. Creator b. Generator c. Source d. Start

Business

In the stakeholder capitalism model (SCM) the assumption of market efficiency is absolutely critical

Indicate whether the statement is true or false.

Business