Responsible for ensuring the policies and procedures are implemented across the organization and acting as a liaison between the MIS department and the business?
The correct answer is Data Steward
<h3>
Why is MIS becoming so important to businesses?</h3>
The main purpose of the MIS reporting system is to provide management with important business information for complex decision-making. Reliable information about business data related to current market development is essential for governments to be able to make swift and well-founded decisions.
The first relationship between business processes and information systems is to achieve business goals. For example, organizations use information systems to improve operational and process efficiency by improving the flow of information.
Learn more about the MIS department and the business here
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Answer: The answer is as follows:
Explanation:
Given that,
Total reserves = $200 billion
Required reserves = 12.5 % of checking deposits
Therefore,
(a) Money multiplier = 
= 
= 8
(b) Money supply = Money multiplier × Total reserves
= 8 × $200 billion
= $1,600 billion
(c) Now, if Fed increases the required reserves to 16% of deposits.
New Money multiplier =
= 
= 6.25
New Money supply = Money multiplier × Total reserves
= 6.25 × $200 billion
= $1,250 billion
Money supply decreases to $1,250 billion.
B. External reference price
In "external reference price”, sellers price items by comparing the prices to those found outside of this shopping situation.
External reference prices are usually set up with the format “compare to $ …”.
Bob’s <span>Tropical Fish Store is referencing external reference price of $65, and comparing it to its lower price of $45.
</span>
Answer:
Limited.
Explanation:
Some purchase decisions are more important than others and the amount of effort we put into each differs.
Sometimes the decision-making process is done almost automatically; we seem to make snap judgements based on very little information.
-Limited Problem Solving: Usually, it also involves internal and limited external search, few alternatives, simple decision rules on a few attributes, and little post- purchase evaluation. In general, limited decision making involves recognising a problem, for which there are several possible solutions. There is an internal and limited amount of external search. Source: Solomon, Bamossy, and Askegaard,1999; Hawkins et al, 2004.
-Extended Problem Solving (EPS). Is usually initiated by motive that is fairly central to the self-concept, and the eventual decision is perceived to carry a fair degree of risk. The consumer tries to collect as much information as possible, both from memory (internal search) and from outside sources (external research). At this level, the consumer needs a great deal of information to establish a set of criteria on which to judge specific brands and a correspondingly large amount of information concerning each of the brands to be considered. Source: Solomon, Bamossy, and Askegaard,1999; Peter et al, 1999.
Answer:
<em>Informative advertising</em>
Explanation:
<em>Informative advertising</em> is an advertising modality aimed at publicizing relevant or specific data or facts as necessary. This information is clearly detailed and in most cases is verifiable and measurable.
In the world of marketing, the use of informative advertising is usually related to the need to make known the appearance of a new product or an update or innovation of an existing one.
The advertising campaigns of this modality share a series of characteristics:
- They seek to attract new consumers through the presentation and description of the product.
- This description is usually exhaustive when presenting the benefits of the product and giving reasons for its consumption.
- When working with new products, its benefits are raised against competitors already present in the market.
- It helps with striking marketing tools for rapid audience attraction.
