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Business Analytics Exam test quiz and answers graded A+

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Business Analytics Exam test quiz and answers graded A+

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Business Analytics Exam test quiz
and answers graded A+
A better understanding of consumer behaviour through analytics directly leads to - ANS✅✅better
marketing strategies



__________ is an open-source programming environment that supports big data processing through
distributed storage and distributed processing on clusters of computers. - ANS✅✅Hadoop



Williams & Lee Inc. is an Internet-based retail seller of hiking boots and mountaineering gear. The
company decides to open retail stores across the major cities of Georgia to help complement its
Internet-based strategy. This activity would be categorized as a(n) - ANS✅✅strategic decision



As mentioned in Lecture 1 video, which of the following is not included in CIA triad - the framework
we can use to think about how best to protect data security? - ANS✅✅Accountability



The decisions concerning an organization's goals and future plans are called - ANS✅✅strategic
decisions



__________ is the most critical step of the decision-making process. - ANS✅✅Identifying and
defining the problem



Bill, the manager of Columbus Café, schedules twice the number of waiters and cooks on holiday.
Which of the following is the approach Bill used in his decision-making? - ANS✅✅Rules of thumb



Tactical decisions are concerned with - ANS✅✅how the organization should achieve the goals and
objectives set by its strategy.



Advanced analytics generally refers to - ANS✅✅predictive and prescriptive analytics



Data-driven decision making tends to decrease a firm's - ANS✅✅risk



The financial dashboard on the second floor of CCT building is a type of _________ analytics. -
ANS✅✅descriptive

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