Business Analytics Fuel ________ Decision Making

question 43

Multiple Choice

Business analytics fuel ________ decision making.

• A) social
• B) fact-based
• C) profit-driven
• D) intuition-based
• E) top-down

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Definitions:

Rational Behavior

Human behavior based on comparison of marginal costs and marginal benefits; behavior designed to maximize total utility.

System 2

A term often used in psychology to refer to the deliberate, effortful, and analytical mode of thinking, contrasted with fast, automatic System 1 thinking.

Detrimental Behaviors

Actions or habits that are harmful or disadvantageous to oneself or others.

Hardwired

Referring to inherent features or configurations within a system, device, or organism that are permanently established and not subject to change through external adjustments.