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The CEO of TalkTime,a fashion start-up,is looking to establish the company as foremost in the online retail marketplace.To do so,the CEO must use data-driven decision making to manipulate,analyze,evaluate,and format data from multiple sources such as social media,mobile devices,online sales,and customer service feedback.Which of the following would help the CEO carry out the tasks ahead?
Long-Term Use
Assets or products intended to be used over an extended period, typically exceeding one year.
Return On Assets
A profitability ratio that measures how effectively a company uses its assets to generate profit, typically expressed as a percentage.
Evaluating Management
The process of assessing the effectiveness of a company's management team in achieving business goals and strategies.
Forecasting Profits
The process of estimating the future financial performance of a company, specifically regarding its profits.
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