An Example of Business Intelligence (BI)is to Help Managers

question 6

Multiple Choice

An example of business intelligence (BI) is to help managers:

• A)Identify the slowest-paying vendors
• B)Identify which of their customers are most profitable
• C)Avoid taxes
• D)Spy on their competitors

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Definitions:

Resource Management

The efficient and effective deployment and allocation of an organization's resources when and where they are needed.

Resource Dilemmas

Situations in which individuals or groups face decisions about how to share, distribute, or use limited resources.

Tragedy of the Commons

A situation in which individuals acting independently and rationally according to their own self-interest behave contrary to the best interests of the whole group by depleting or spoiling shared resources.

Pollutants

Substances that cause pollution, having harmful effects on the environment and living organisms.