Which of the Following Questions Will Prescriptive Analytics Help a Company

question 3

Multiple Choice

Which of the following questions will prescriptive analytics help a company address?

• A) How many and what types of complaints did they resolve?
• B) What is the best way of shipping goods from their factories to minimize costs?
• C) What do they expect to pay for fuel over the next several months?
• D) What will happen if demand falls by 10% or if supplier prices go up 5%?

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Definitions:

Oral Channel

A method of communication that involves spoken words, such as face-to-face conversations or telephone calls.

Immediate Feedback

The instant response or reaction to an action or statement, which is crucial for effective communication and learning processes.

Communication Medium

The method or tool used to deliver messages between a sender and receiver, such as email, social media, or face-to-face conversations.

Journalistic Approach

A method of investigation and reporting that seeks to inform the public by gathering, assessing, creating, and presenting news and information.