Information systems are composed of ________
A) virtual objects
B) real objects
C) any object
D) computer objects
A
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One characteristic of incremental budgeting is that it
A. allows comparison using various units, like labor hours and dollars. B. is flexible toward changing environmental demands. C. allows easy comparison of different departments doing different activities. D. locks managers into stable spending arrangements. E. requires more time from managers than zero-based budgeting.
Many investment advisors attribute their successful outcomes to skill, even when it is more likely luck, which is an example of which bias?
A. Overconfidence. B. Escalation of commitment bias. C. Hindsight. D. Availability. E. Framing.
A ranking scale in which numbers are assigned to objects to indicate the relative extent to which some characteristic is possessed is called a nominal scale
Indicate whether the statement is true or false
In the product concept development and screening phase of new product development, successes generally occur much more frequently than failures
Indicate whether the statement is true or false