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Trava [24]
2 years ago
8

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):
Business
1 answer:
Fudgin [204]2 years ago
7 0

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.

Learn more about information system here:brainly.com/question/14688347

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Compared to a purely competitive firm in long run equilibrium, the monpolistic competitor has a?
Airida [17]

Compared to a purely competitive firm in long-run equilibrium, the monopolistic competitor has a higher price and lower output.

<h3>When a monopolistic competitive firm is in long-run equilibrium?</h3>

Long Run Monopolistic Competition Equilibrium: Over the long run, a company in a market with the monopolistic competition will produce several items at the point where the long-run marginal cost (LRMC) curve crosses the marginal revenue curve (MR). Where the quantity produced lies on the average revenue (AR) curve will determine the pricing.

<h3>What ultimately transpires to a monopolistic rival?</h3>

Long-term economic gains or losses in monopolistic competition will be removed by entry or leave, leaving firms with no economic gains. There will be some excess capacity in a monopolistically competitive business; this could be seen as the price paid for the variety of products that this market structure brings about.

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3 0
1 year ago
Strong language often means
Sav [38]
The answer is b. 

Strong language often means <span>strong feelings on the side of the speaker. Strong language is another way of saying vulgar or foul language, and is usually used by people who are angry.

</span>

<span>Thank you for posting your question. I hope you found what you were after. Please feel free to ask me more.</span>

8 0
3 years ago
Read 2 more answers
For a 13-person team, how many extra workers should be hired to meet the labor hours needed without overtime
Paha777 [63]

For a 13-person team, The number of extra workers that should be hired to meet the labor hours needed without overtime is 7.

<h3>What is Labor hours?</h3>

This is a term that connote the total hours of workers that are said to be having or getting an hourly wage and they are the ones who are said to be directly employed on the site of a building, public works project, etc.

Note that "Labor hours" is one that entails hours of work that has been carried out  by workers who have been employed by the general contractor or the subcontractors  that are found to be working on the project.

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brainly.com/question/24868261

8 0
2 years ago
Why is insurance necessary for businesses and individuals
miv72 [106K]

Answer:

Incase of any emergency like an accident 5hey can support you

5 0
2 years ago
Answer this question based on the following information about a company: Revenues, $20 million; costs, $15 million; assets, $30
andrezito [222]

Answer:

$60,000,000

Explanation:

Market value is simply defined as the price an asset would fetch in the marketplace, or the value that the investment community gives to a particular equity or business.

Formula for market value is given as

Company's Share × Current Market price per share.

Therefore, given that

Numbet of shares = 3,000,000

Price of share = $20

Then, MV = 3,000,000 × 20

= $60,000,000

8 0
3 years ago
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