100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Previously searched by you
Previously searched by you
logo
Test Bank for Business Analytics, 4th Edition CA$14.61   Add to cart
Quickly navigate to
Preview
  2.  
  3. University Of Toronto (U Of T )
  4.  
  5. Medicine
  6.  
  7. Physiology

Exam (elaborations)

Test Bank for Business Analytics, 4th Edition
 2 views  0 purchase

Test Bank for Business Analytics, 4th Edition Multiple Choice 1. The decisions concerning an organization’s goals and future plans are called _____. a. financial decisions b. tactical decisions c. strategic decisions d. operational decisions ANSWER: c 2. Tactical decisions are concerned wit...

[Show more]

Preview 2 out of 7  pages

Document information

  • February 23, 2022
  • 7
  • 2021/2022
  • Exam (elaborations)
  • Questions & answers

Subjects

  • 4th edition
  • test bank for business analytics
  • test bank for business analytics
  • 4th editiontest bank for business analytics
  • 4th editiontest bank for business analytics
  • 4th editiontest bank for busin

Written for

All documents for this subject (52)

Seller

avatar-seller
donatrey

Reviews received

Content preview

Test Bank for Business Analytics, 4th Edition,
Jeffrey D. Camm, James J. Cochran, Michael J. Fry,
Jeffrey W. Ohlmann

, Multiple Choice

1. The decisions concerning an organization’s goals and future plans are called _____.
a. financial decisions b. tactical decisions
c. strategic decisions d. operational decisions
ANSWER: c

2. Tactical decisions are concerned with _____.
a. the day-to-day activities of the organization
b. the goals and plans of the organization
c. the domain of operations managers, who are close to the customer
d. how the organization should achieve the goals and objectives set by its strategy
ANSWER: d

3. Picks and Axes Inc. is an Internet-based retail seller of hiking boots and mountaineering gear. The company decides to
open retail stores across the major areas of the city to help complement its Internet-based strategy. This activity would be
categorized as a(n) _____.
a. tactical decision b. operational decision
c. strategic decision d. financial decision
ANSWER: c

4. _____ is the most critical step of the decision-making process.
a. Choosing an alternative b. Identifying and defining the problem
c. Evaluating the alternatives d. Determining the set of alternatives
ANSWER: b

5. Which of the following is not an approach to making decisions?
a. Tradition b. Rules of thumb
c. Intuition d. Guess and check
ANSWER: d

6. Data-driven decision making tends to decrease a firm's _____.
a. market value b. productivity
c. risk d. profit
ANSWER: c

7. Data dashboards are a type of _____analytics.
a. predictive b. descriptive
c. prescriptive d. decision
ANSWER: b

8. The extraction of information on the number of shipments, how much was included in each shipment, the date each
shipment was sent, and so on from the manufacturing plant’s database exemplifies _____
a. spreadsheet models b. data dashboards
c. data mining d. data queries
ANSWER: d

9. Corporate-level managers use ______ to summarize sales by region, current inventory levels, and other company-wide
metrics all in a single screen.

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller donatrey. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for CA$14.61. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

75619 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
CA$14.61
  • (0)
  Add to cart