Which of the Following Questions Will Prescriptive Analytics Help a Company

question 40

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:

Organizational Behavior

The study of how people interact within groups, particularly in a work setting, to understand and improve employee performance and organizational culture.

Commonsense Knowledge

Refers to the basic, practical knowledge and understanding of everyday situations and facts that are commonly accepted and assumed by most people.

Senior Executives

High-level managers and leaders in an organization responsible for making strategic decisions and guiding the organization's direction.

Work Interdependently

The concept of individuals or groups relying on each other’s skills, knowledge, or resources to achieve a common goal.