Select the correct text in the passage. Select the appropriate characteristics of the executive information system in the four-level pyramid model. Characteristics of Executive Information Systems Most organizations use different types of information systems to manage their operations. The executive information system is a knowledge-based interactive system. This type of system helps managers analyze the environment in which the organization operates, identify long-term trends, and plan appropriate courses of action. The processing stage includes summarizing, simulating, and drilling down. Information comes from internal management information systems or transaction processing systems. These systems revolve around internal information flow and the final output is in the form of summary reports, graphs, or plots.

Horace society is planning its annual western fair raceway gala. the gala committee has assembled the following expected costs for the event: dinner (per person) $10 gaming token and program (per person) $2 prize payouts $4,300 tickets and advertising $800 private box suite rental $1,700 lottery licenses $200 the committee members would like to charge $40 per person for the evening’s activities.required: 1. what is the break-even point for the dinner-dance (in terms of the number of persons who must attend)? 2. assume that last year only 200 persons attended the dinner-dance. if the same number attend this year, what price per ticket must be charged in order to break even? 3. refer to the original data ($40 ticket price per person). prepare a cvp graph for the dinner- dance from zero tickets up to 600 tickets sold.