The Key Understanding to Unlocking the Strategic Advantage of Data

question 22

Multiple Choice

The key understanding to unlocking the strategic advantage of data analytics is

• A)that all management is decision making.
• B)the ability to effectively manipulate and understand data.
• C)to make evidence-based decisions using the data.
• D)All of the above
• E)Only A and B above

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Definitions:

Technical Skill

The ability and knowledge necessary to accomplish specific tasks, often relating to computational and physical technology.

Cognitive Ability

The capacity of an individual to perform various mental activities related to learning, problem-solving, decision-making, and similar intellectual functions.

Selling Process

A structured approach to selling that involves identifying prospects, presenting products, overcoming objections, and closing sales, aimed at converting leads into customers.

Tangible Attributes

Physical features or characteristics of a product that can be sensed directly, such as size, design, or color.