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You Are Evaluating BI Software from a Variety of Vendors

question 88

Essay

You are evaluating BI software from a variety of vendors.Identify six elements in the BI environment.Use your understanding of the importance of these elements to formulate six questions to ask the vendor in order to determine how their software will interplay with your needs.


Definitions:

Marginal Expenditure

The extra expense associated with making an additional unit of a product or service.

Product Market

The marketplace in which final goods or services are offered to consumers, businesses, and the public.

Product Market

The marketplace in which final goods or services are offered for purchase by consumers, businesses, and the public sector.

Monopsonist

A market condition in which there is only one buyer for a particular product or service.

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