Opportunities for Businesses to Use Data Analytics in Making Decisions

question 118

Multiple Choice

Opportunities for businesses to use data analytics in making decisions include all of the following except

• A)what type of sales discount to offer.
• B)policies regarding sales returns.
• C)which customers should be granted credit.
• D)All of these are opportunities to use data analytics.

Recognize the steps and strategies in conducting effective research.

Understand the concept and importance of a working purpose in research.

Understand the essentials of critical analysis.

Recognize the importance of pre-testing in research design.

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Definitions:

European Union

A political and economic union of 27 European countries that are located primarily in Europe, aiming to promote peace, establish a unified market, ensure the free movement of people, goods, services, and capital, enact legislation in justice and home affairs, and maintain common policies on trade, agriculture, fisheries, and regional development.

Labor Standards

Norms and regulations that define the rights of workers and the obligations of employers, including minimum wage, working hours, safety, and health protections.

NAFTA Side Agreement

Agreements supplementary to the North American Free Trade Agreement focusing on labor, environmental, and other issues.

Labor Issues

Concerns or matters related to the workforce, including working conditions, employee rights, wages, and labor laws.