Business Analytics Combine "Traditional" Statistical Methods with Methods and Techniques

question 24

True/False

Business analytics combine "traditional" statistical methods with methods and techniques from management science and information systems to form an interdisciplinary tool that supports fact-based management decision making.

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Definitions:

Subsidiaries

Subsidiaries are companies that are owned or controlled by another larger company, known as the parent company, which often holds more than half of the subsidiary's stock.

Wholesalers

Entities in the distribution channel that buy in bulk and sell to resellers rather than to the end consumers directly.

BCG Business Portfolio

A strategic planning tool that classifies a company's business units or products into four categories (Stars, Cash Cows, Question Marks, Dogs) based on market growth and market share.

SBUs

Strategic Business Units are distinct parts of a corporation that operate as separate entities or profit centers.