________ Are Visual Tools for Presenting Performance Data in a BI

question 15

Multiple Choice

________ are visual tools for presenting performance data in a BI system.

• A)Dashboards and scorecards
• B)Parameterized reports
• C)Reports and the drill-down feature
• D)Scenarios and models
• E)Ad hoc report creation

---

Definitions:

Elastic Demand

A market condition where the demand for a product or service significantly changes in response to price changes.

Opportunity Cost

The cost of a missed opportunity; the value of the best alternative forgone.

Direct Price Discrimination

A pricing strategy where a seller charges different prices to different customers for the same product or service, based directly on the willingness to pay.

Arbitrage

The practice of buying and selling equivalent goods in different markets to take advantage of price differences for profit.