Which of the following terms is best used to define a table showing the order frequencies as well as the average dollar value of the orders of different segments of a catalogue retailer's market?
A)an MIS
B)perceived knowledge
C)raw data
D)information

Question

Which of the following terms is best used to define a table showing the order frequencies as well as the average dollar value of the orders of different segments of a catalogue retailer's market?
A)an MIS  
B)perceived knowledge  
C)raw data  
D)information

Quizplus · Accepted Answer

A table showing the order frequencies and average dollar value of different segments of a catalogue retailer's market would provide information, which is the processed and analyzed form of raw data. An MIS (Management Information System) refers to a broader system that includes hardware, software, and procedures for managing information within an organization. Perceived knowledge is subjective and may not be based on actual data or analysis.

Which of the Following Terms Is Best Used to Define