Question

A system that collects and stores the company's key data and produces the information needed by managers for analysis, control, and decision making is called a(n):

Answer 1

A system that collects and stores the company's key data and produces the information needed by managers is called information system.

Information system is a system that help to store, record and process large amount of information so as to made available useful information when needed by users.

Information system is important as  it help to produce data when needed during decision making process as companies or organizations can easily extract the store information so as to make better decision.

Most companies make use of information system to plan and to improve the  day to day running of their business operation.

Inconclusion a system that collects and stores the company's key data and produces the information needed by managers is called information system.

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