All of the Ways Below Are Examples of How BI

question 8

Multiple Choice

All of the ways below are examples of how BI is used for entertainment EXCEPT ________.

• A) Netflix decided to buy House of Cards based on customer's viewing patterns
• B) HBO decided to create Game of Thrones because the book was well written
• C) Spotfiy uses customer data to determine where customers are listening to a particular band's song
• D) Amazon has begun producing its own TV shows

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Definitions:

CVP Analysis

Cost-Volume-Profit Analysis, a tool used to determine how changes in costs and volume affect a company's operating income and net income.

Variable

An element, feature, or factor that is likely to vary or change in ways that can affect the outcome of research or experiments.

Fixed

Typically refers to costs or assets that remain constant and do not vary with the level of activity or production.

Linear Relationship

A direct relationship between two variables that can be represented graphically as a straight line, indicating consistent proportionality.