LBOMGTS Quiz 1 UPDATED ACTUAL Exam Questions and CORRECT Answers
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Course
LBOMGTS
Institution
LBOMGTS
LBOMGTS Quiz 1 UPDATED ACTUAL
Exam Questions and CORRECT Answers
Management science - CORRECT ANSWER - a discipline that attempts to aid managerial
decision making by applying a scientific approach to managerial problems that involve
quantitative factors
Operations research - CORRECT ANSWER...
LBOMGTS Quiz 1 UPDATED ACTUAL
Exam Questions and CORRECT Answers
Management science - CORRECT ANSWER - a discipline that attempts to aid managerial
decision making by applying a scientific approach to managerial problems that involve
quantitative factors
Operations research - CORRECT ANSWER - The traditional name for management
science that still is widely used outside of business schools.
Business analysts - CORRECT ANSWER - ____________ _____________ employing
management science don't make managerial decisions. Managers do.
Business Analytics - CORRECT ANSWER - the art and the science of transforming data
into insight for making better business decisions
Descriptive Analytics - CORRECT ANSWER - a core category of analytics that uses
innovative techniques (including algorithms) to explore the data, locate and extract the data that
are relevant, and then identify the interesting patterns and summary data
Data visualization - CORRECT ANSWER - a key tool of descriptive analytics that
communicates insights through the careful selection of the most effective visual graphics
Predictive Analytics - CORRECT ANSWER - a core category of analytics that involves
applying statistical models to predict future events or trends
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