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BUSI 600 Chapter 1 with correct answers

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BUSI 600 Chapter 1 with correct answers

Institution
BUS 600
Course
BUS 600

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BUSI 600: Chapter 1 with correct answers

Each decision in business s triggered by a management _____ - CORRECT
ANSWERS ✔✔dilemma or problem



These are very large databases. - CORRECT ANSWERS ✔✔big data



Surveys are a type of ____ data. - CORRECT ANSWERS ✔✔conversational



KPI - CORRECT ANSWERS ✔✔key performance indicators



They rely more on management experience than analytics to make decisions -
CORRECT ANSWERS ✔✔Analytically challenged



One very important decision a manager repeatedly faces is whether he or she has
sufficient - CORRECT ANSWERS ✔✔information



The foundation of the business research process is the ____ method. - CORRECT
ANSWERS ✔✔scientific



This is raw, unprocessed facts in the form of numbers, text, pictures, audio or video. -
CORRECT ANSWERS ✔✔data



___ is an abstract concept as it is much more difficult to visualize. - CORRECT
ANSWERS ✔✔personality

, Data Types and Data Sources - CORRECT ANSWERS ✔✔Transactional - Warehouse
and shipping manifests

Observational - Stock price valuations

Conversational - Annual stockholder meetings

Internet Analytics - Click analysis



A ___ is an abstract idea specifically invented for a given research and/or theory-
building purpose. - CORRECT ANSWERS ✔✔construct



In our ___ economy, some businesses are using short-term personnel contracts or
freelance employees to access the skills of data scientists and researchers, as opposed
to hiring permanent employees. - CORRECT ANSWERS ✔✔gig



With a ____ definition, a concept is defined with a synonym. - CORRECT ANSWERS
✔✔dictionary



They apply analytics operationally. - CORRECT ANSWERS ✔✔Analytical
practitioners



A ___is a measurable symbol of an event, act, characteristic, trait, or attribute. -
CORRECT ANSWERS ✔✔variable



The essential tenets of the scientific method are which of the following? - CORRECT
ANSWERS ✔✔Clearly defined concepts, constructs, variables, methods, and
procedures.

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BUS 600
Course
BUS 600

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