What Types of BI Decisions Include Forecasting Levels of Bad

question 4

Multiple Choice

What types of BI decisions include forecasting levels of bad loans and fraudulent credit card use, credit card spending by new customers, and which kinds of customers will best respond to new loan offers?

• A) Retail and sales BI decisions
• B) Banking BI decisions
• C) Operations management BI decisions
• D) Insurance BI decisions

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Definitions:

Concrete-Operations

A stage in Piaget's theory of cognitive development where children gain the ability to think logically about concrete events.

Preoperational Child

Refers to the stage in Piaget’s theory of cognitive development (ages 2-7) where children begin to use language and think symbolically, but their thinking is still intuitive and egocentric.

Conservation

The principle of saving natural resources to prevent depletion and harm to the environment.

Formal Operations

The final stage of cognitive development in Piaget's theory, characterized by logical, systematic thinking and abstract reasoning.