What type of management system would support the creation, organization and dissemination of business knowledge to staff throughout a company. a.Management information system. b.Strategic information system. c.Knowledge management system. d.Executive management system.

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
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What type of management system would support the creation, organization and dissemination of business knowledge to staff throughout a company.

a.Management information system.
b.Strategic information system.
c.Knowledge management system.
d.Executive management system.
 

Two concepts that shape much of the strategy that companies employ are:

a.Value chain analysis and applying the five forces model.
b.Applying the forces model and an integrated approach.
c.Value chain analysis and having a competitive advantage.
d.Applying the five forces model and having a competitive advantage.
 

Profit and loss analysed by a company would need to access current sales figures and not access past sales figures from several years ago.  What kind of information would this be?

a.Information that is valid
b.Information that is reliable.
c.Information that is accurate.
d.Information that is timely.
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