Peregrine Exam Questions with 100% Correct Answers | Verified

artificial intelligence - a subdiscipline of computer science that attempts to simulate human thinking Facts - information that is true or demonstrable Assumptions - Premises for which no proof or evidence is offered. Management Information Systems (MIS) - A business function, like accounting and human resources, which moves information about people, products, and processes across the company to facilitate decision-making and problem-solving What are office automation systems? - word processing, email and voicemail What are knowledge work systems? - Computer-aided design systems, virtual reality system, financial workstations Decision Report System - a computerized program used to support determinations, judgements and courses of action in an organization or a business. A DSS differs from what? - Ordinary operations application What does a DSS do? - Allows for more informed decision- making, timely problem-solving, and improved efficiency in dealing with issues or operations, planning and even management. Forecasting - method for predicting how variables will change the future Qualitative Model - shows an economic truth without a predictionmarket research - The activity of gathering information about consumers' needs and preferences. Delphi Method - form of qualitative forecasting that involves consensus of a group of experts using a multi-stage process to converge on a forecast