How Would the Banking Industry Use Business Intelligence

question 12

Multiple Choice

How would the banking industry use business intelligence?

• A) Analyze popular vacation locations with current flight listings
• B) Understand customer credit card usage and nonpayment rates
• C) Compare the demographics of patients with critical illnesses
• D) Predict claim amounts and medical coverage costs

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Definitions:

Deal

An agreement or arrangement, often in a commercial context, where goods, services, or terms are exchanged.

Advertising Program

A coordinated effort that involves designing and delivering advertising messages to promote a product, service, or brand to a targeted audience.

Sweepstakes

A type of contest or promotion where winners are selected by chance, often used by businesses for marketing purposes.

Contest

A competitive event where participants strive to win by meeting or surpassing certain criteria.