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valentinak56 [21]
3 years ago
7

If you want to support business operations, you will focus on building a strong information MIS infrastructure, which identifies

where and how important information, such as customer records, is maintained and secured.True / False.
Business
1 answer:
nekit [7.7K]3 years ago
7 0

Answer:

TRUE

Explanation:

It is true that if you want to support business operations, you will focus on building a strong information MIS infrastructure, which identifies where and how important information, such as customer records, is maintained and secured.

A Management Information System (MIS), collects data from many different sources and then processes and organizes that data <u>to support businesses in making decisions.</u>

Most recently, technology and <u>data collection are so prevalent that businesses large and small are using Management Information Systems to improve their outcomes. </u>

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A monopolistically competitive firm chooses
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Answer:

D. both the quantity of output to produce and the price at which it will sell its output.

Explanation:

A monpolistically competitive firm chooses the price and the quantity to produce. This decision is guided by market conditions and the goal to maximise profit.

A monopolistic competitive firm has a downward sloping demand curve just like a monopoly, so the monpolistically competitive firm chooses the quantity that maximises its profit and then chooses price.

A downward sloping demand curve indicates that quantity demanded is sensitive to price. The higher the price, the lower the quantity demanded.

A monpolistically competitive firm is a firm that has features of both a monopoly and a competitive firm.

The ability of a monpolistically competitive firm to set prices makes it a price maker.

Just like a monopoly, a monopolistically competitive firm has the following features:

1. It faces of downward sloping demand curve.

2. It sets the price for its products.

Just like a perfect competition, a monopolistically competitive firm has the following features:

1. No barriers to entry or exit.

2. There are many buyers and sellers

Other features of a monpolistically competitive firm are:

1. Firms sell differentiated products

2. Firms engage in non price competition.

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D. Americans purchase more Canadian made products.

Explanation:

The situation that would typically result from an appreciating U.S. dollar relative to the Canadian dollar is "Americans purchase more Canadian made products."

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