Business Intelligence Can Provide Managers with the Ability to Make

question 90

Multiple Choice

Business intelligence can provide managers with the ability to make better decisions. Which of the following is not an example of how different industries use business intelligence?

• A) Predict claim amounts and medical coverage costs
• B) Track crime patterns, locations, and criminal behavior
• C) Identify the primary locations where data is collected
• D) Predict sales, inventory levels, and distribution

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Definitions:

Internal Weaknesses

Flaws or limitations within an organization that can impede its effectiveness or competitiveness.

Competitive Intelligence

The systematic gathering, analysis, and application of information about competitors, market trends, and the external business environment to support strategic decision-making.

Legal and Ethical

Refers to practices and decisions that are both within the bounds of law and morally upright, often applied in business and professional settings.

Source Reliable

A reliable source is one that provides trustworthy and accurate information, verified through credible methods.