Business Analytics Refers to Standard Tools and Procedures Designed to Search

question 65

True/False

Business analytics refers to standard tools and procedures designed to search and analyze the amount of complex data a business gathers.

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Definitions:

Online Surveys

A data collection method using internet-based questionnaires to gather information from respondents.

Immediate Access

The capability to obtain or use resources, services, or information without delay.

Higher Response Rate

Refers to the proportion of individuals who respond to a survey or request out of the total number approached, indicating the effectiveness of the engagement strategy.

Traditional Surveys

Methods of data collection involving questionnaires or interviews to gather information from a group of people.