business analytics

1. The decision-making concepts covered in Data Analysis & Decision Making book include which of the following? a. Optimization techniques b. Decision analysis with uncertainty c. Structured sensitivity analysis d. All of these options 2. Which of the following statements is not true? a. Dealing with uncertainty includes measuring uncertainty. b. Dealing with uncertainty includes modeling uncertainty explicitly into the analysis. c. Dealing with uncertainty includes eliminating uncertainty by u...

1. Text files are also known as: a. Excel spreadsheets b. Excel workbooks c. ASCII files d. Notepad files 2. Anna is getting ready to insert a blank column, paste information from a previous spreadsheet into the first four rows of this column, and bold the heading. And she needs to do this for all 150 product lines in her area. How is this task best handled? a. Using the insert, copy, paste commands in Excel. b. Writing a macro to handle this repetitive task. c. Writing instructions that incorp...

1. Which of the following is not one of Deming’s 14 Points? a. Use Lowest-Tender Contracts. b. Have Constancy of Purpose. c. Institute Leadership of People. d. Break Down Barriers. 2. Michael has incorporated a vigorous cross-training program within his department. This is an example of which of Deming’s 14 points? a. Improve Every Process. b. Institute Training. c. Drive Out Fear. d. Encourage Education. 3. Jada has decided to implement weekly meetings between departments to discuss issue...

1 Copyright © 2017 Pearson Education, Inc. Business Essentials, 11e (Ebert/Griffin) Chapter 1 The U.S. Business Environment 1) Which environment is NOT an important dimension of a business organization's external environment? A) The political-legal environment B) The sociocultural environment C) The technological environment D) The corporate cultural environment E) The global business environment Difficulty: Easy AACSB: Application of knowledge Objective: 1.1: Define the nature of U.S. bus...