Which type of information is captured and stored as events happen?
- critical
- analytical
- comparative
- transactional
Explanation: The two primary types of business information useful to a company are transactional information and analytical information. Transactional information is captured and stored as events happen. Transactional information can be used to analyze daily sales reports and production schedules to determine how much inventory to carry. Analytical information supports managerial analysis tasks like determining whether the organization should build a new manufacturing plant or hire additional sales personnel.
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