AN 300 Exam 1 with 100% Correct
Answers | Latest Version (2024/2025)
Expert Verified
Whichiofitheifollowingiisitheidefinitioniofidecisionimakingiyouilearnedifr
omithisiclass?
A.iItiisitoichooseiamongialternativeicoursesiofiactionitoiimproveiorganiz
ationiperformance.
B.iItiisitoimakeisuccessfulibusinessiplans.
C.iItiisitoimaximizeiprofit.
D.iItiisitoiprovideileadershipiforianiorganization.
E.iItiisitoiminimizeicosts.i-iCorrectiAnswer-A
Theicharacteristicsiofiaibusinessianalyticsiapproachitoidecisionimakingii
ncludei_____.i(Checkiallithatiapply).
Intuition-based
Scientific
Data-driven
Subjective
Conventional
Experience-based
Computer-assisted
,Fact-basedi-iCorrectiAnswer-scientifici
dataidriveni
computer-assistedi
data-driven
"Weiwillinotiofferionlineishoppingibecauseiouricustomersialwaysipreferi
shoppingiatiouribrick-and-
mortaristores"iisianiexampleiofimakingidecisionsibasedioni_____.
A.iTradition
B.iFeeling
C.iRuleiofithumb
D.iEvidence
E.iFacti-iCorrectiAnswer-
MatchitheicategoryiofiBusinessiAnalyticsionitheileftitoitheitypeiofiquesti
onsiitiaddressesionitheiright.
DescriptiveiAnalytics
PredictiveiAnalytics
PrescriptiveiAnalyticsi-iCorrectiAnswer-whatihasihappened?i
whaticouldihappen?i
whatishouldihappen?
, Selectiainumberifromi1i(earliest)itoi5i(latest)itoireflectitheichronologicali
sequenceiofieachiofitheifollowingistagesiinitheidecisionimakingiprocess:
1.iIdentifyialternativeisolutions
2.iChooseioneialternative
3.iDefineiaidecisionimakingisituationi
4.iEvaluateieachialternativeiusingitheichosenicriteria
5.iDetermineitheicriteriaiuseditoievaluateialternativeisolutionsi-
iCorrectiAnswer-3,5,1,4,2
DescriptiveianalyticsitechniquesiincludeitheifollowingiEXCEPT:
A.iWhat-Ifianalysis
B.iData-mining
C.iSimulations
D.iReports
E.iDataiqueriesi-iCorrectiAnswer-C.
WhatidoesiSQListandifor?
A.iSuperiQuickiLanguage
B.iStructurediQuickiLinguist
C.iStandardiQuestioniList
D.iStandardiQueryiLanguage
E.iStructurediQueryiLanguagei-iCorrectiAnswer-E.
Answers | Latest Version (2024/2025)
Expert Verified
Whichiofitheifollowingiisitheidefinitioniofidecisionimakingiyouilearnedifr
omithisiclass?
A.iItiisitoichooseiamongialternativeicoursesiofiactionitoiimproveiorganiz
ationiperformance.
B.iItiisitoimakeisuccessfulibusinessiplans.
C.iItiisitoimaximizeiprofit.
D.iItiisitoiprovideileadershipiforianiorganization.
E.iItiisitoiminimizeicosts.i-iCorrectiAnswer-A
Theicharacteristicsiofiaibusinessianalyticsiapproachitoidecisionimakingii
ncludei_____.i(Checkiallithatiapply).
Intuition-based
Scientific
Data-driven
Subjective
Conventional
Experience-based
Computer-assisted
,Fact-basedi-iCorrectiAnswer-scientifici
dataidriveni
computer-assistedi
data-driven
"Weiwillinotiofferionlineishoppingibecauseiouricustomersialwaysipreferi
shoppingiatiouribrick-and-
mortaristores"iisianiexampleiofimakingidecisionsibasedioni_____.
A.iTradition
B.iFeeling
C.iRuleiofithumb
D.iEvidence
E.iFacti-iCorrectiAnswer-
MatchitheicategoryiofiBusinessiAnalyticsionitheileftitoitheitypeiofiquesti
onsiitiaddressesionitheiright.
DescriptiveiAnalytics
PredictiveiAnalytics
PrescriptiveiAnalyticsi-iCorrectiAnswer-whatihasihappened?i
whaticouldihappen?i
whatishouldihappen?
, Selectiainumberifromi1i(earliest)itoi5i(latest)itoireflectitheichronologicali
sequenceiofieachiofitheifollowingistagesiinitheidecisionimakingiprocess:
1.iIdentifyialternativeisolutions
2.iChooseioneialternative
3.iDefineiaidecisionimakingisituationi
4.iEvaluateieachialternativeiusingitheichosenicriteria
5.iDetermineitheicriteriaiuseditoievaluateialternativeisolutionsi-
iCorrectiAnswer-3,5,1,4,2
DescriptiveianalyticsitechniquesiincludeitheifollowingiEXCEPT:
A.iWhat-Ifianalysis
B.iData-mining
C.iSimulations
D.iReports
E.iDataiqueriesi-iCorrectiAnswer-C.
WhatidoesiSQListandifor?
A.iSuperiQuickiLanguage
B.iStructurediQuickiLinguist
C.iStandardiQuestioniList
D.iStandardiQueryiLanguage
E.iStructurediQueryiLanguagei-iCorrectiAnswer-E.