Reveals business trends Study guides, Class notes & Summaries

DBW 301 Final Exam | Verified with 100% Correct Answers ..... table contains the values we want to analyze. A. Fact B. Dimension C. Aggregate D. Center ........ focus is on how managers view the business. A. Data warehouse B. OLTP C. Business system D. OLAP ......... reveals business trends. A. Data warehouse B. OLTP C. Business system D. OLAP ........... acts as the glue that connects all parts of the data warehouse. A. Metadata B. ETL C. Operational Metadata Extraction and Transformation Met...

AIDA 181 (New 2023/ 2024 Update) Big Data Analytics for Risk and Insurance Exam | Questions and Verified Answers| 100% Correct| Graded A QUESTION Often, machine learning Select one: A. Reveals relationship and trends not found through traditional ratemaking analysis. B. Is not appropriate for smaller insurers, which do not have access to large amounts of data. C. Implements a flat rate increase for all of an insurer's homeowners policies. D. Is simply a ratio that measures loss ...

Sole Proprietorship - ️️Most common and simplest. Owned and managed by one person. Can have full or part time employees. Often home based. Own all assets and profits (or losses)/ assume complete responsibility for business liabilities and debts. Single taxation (file earnings or losses on personal tax return). Comprise over 70% of all the nation's businesses. Weaknesses - ️️core competencies and company capabilities that are inferior to the competition. Firms should strive to impr...

SWOT analysis - the pattern of decisions in a company that determines and reveals its objectives, purposes, or goals, produces the principal policies and plans for achieving those goals, and defines the range of business the company is to pursue. Purpose: to understand how internal conditions contribute to your organization's strengths and weaknesses and how external conditions exist as opportunities and threats to your business model. The goal of a SWOT is not just to develop a laundry list of...

BCOR 2205 Final Exam Review with complete solution Internet of Things (IoT) A world where interconnected, internet-enabled devices or "things" have the ability to collect and share data without human intervention. Data Raw facts that describe the characteristics of an event or object. Information Data converted into a meaningful and useful context. I.E. Best selling product, best customer Business Intelligence Information collected from multiple sources that analyze patterns, tren...

Ponzi Scheme - a fraudulent investment operation that pays returns to its investors from their own money or the money paid by subsequent investors, rather than from profit earned by the individual or organization running the operation Red flags of a ponzi scheme - Investment returns that are "too good to be true" • Investment statements that show continued growth or performance contrary to market trends • Unusual/absent fee structure • Lack of substance behind the investment, such ...

Information Management - Answer-Application of management techniques to collect information, communicate it within and outside the organization, and process it to enable managers to make quicker and better decisions Automated Machine Learning for Business - Answer-when implemented properly, makes machine learning accessible to most people because it removes the need for years of experience in data science, math, stats, and computer science skills. Allows for quicker and better decisions Co...

mercenaries - ️️are satisfied customers, but they switch between brands. They are usually price sensitive, looking for bargains and best offers, buying on impulse, pursuing fashion trends. They don't feel any attachment to particular brands. They usually expensive to acquire and difficult to keep. virtuous cycle - ️️economy expands, unemployment is low, incomes rise, consumers buy more products, businesses increase production defectors - ️️are probably the biggest nuisance to ...

BUSI 490 - Chapter 8: Implementing Strategies: Marketing, Finance/Accounting, R&D, and MIS IssuesBook value (p. 268) - correct answer The number of shares outstanding times stock price. Business analytics (p. 272) - correct answer An MIS technique designed to analyze huge volumes of data to help executives make decisions; sometimes called predictive analytics or data mining. Cash budget (p. 264) - correct answer The most common type of financial budget; developed to forecast future receipt...

Chapter 01 - Communicating In A Changing Business World Multiple Choice Questions Chapter 01 Communicating In A Changing Business World 1. Which of the following is an example of an internal document? A. A quotation B. A job description C. A claims adjustment D. A policy bulletin Accessibility: Keyboard Navigation Learning Objective: 01-06 Explain the managerial functions of communication. Topic: 01-19 Knowing Your Purpose 2. Which of the following is an example of an external document?...