What Element Contributes to Automation of the Decision-Making Process

question 16

Multiple Choice

What element contributes to automation of the decision-making process?

• A)predictive analytics being greater than prescriptive analytics
• B)prescriptive analytics being greater than predictive analytics
• C)lack of qualitative factors
• D)presence of both production and operations management

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Definitions:

Financially Unsound Contract

A contract deemed as high-risk due to the financial instability or inability of one or more parties to fulfill their obligations.

Relieved from Performance

A legal condition where a party is released from fulfilling their obligations under a contract due to unforeseen circumstances.

Perfect Tender Rule

The perfect tender rule is a principle in sales law that allows a buyer to reject goods delivered by a seller if they do not meet all contract specifications.

Substantial Deviations

Major divergences or departures from a set path, standard, or expected norm.