Managers Can Use BI to Answer Tough Business Questions

question 69

Multiple Choice

Managers can use BI to answer tough business questions. Which of the following describes the value of knowing where the business is now?

• A) A historical perspective offers important variables for determining trends and patterns.
• B) Looking at the current business situation allows managers to take effective action to solve issues before they grow out of control.
• C) Setting strategic direction is critical for planning and creating solid business strategies.
• D) None of these.

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Definitions:

Subduction Zone

A region on Earth where one tectonic plate moves under another, often causing earthquakes and volcanic activity.

Transform Boundary

A type of plate tectonic boundary where two plates slide past each other horizontally, commonly associated with earthquakes.

Divergent Plate Boundary

A tectonic margin where two lithosphere plates are moving apart from each other, typically resulting in the formation of new oceanic crust through volcanic activity.

Volcanic Eruptions

Explosive events where molten rock (magma), ash, and gases are ejected from a volcano's vent, impacting the surrounding environment and climate.