If We Wanted to Know What Level of Sales Was

question 4

Multiple Choice

If we wanted to know what level of sales was achieved last quarter at a competitor company, we would perform __________ analytics.

• A) descriptive
• B) diagnostic
• C) predictive
• D) prescriptive

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Definitions:

Industrial Nations

Countries that are characterized by a significant level of industrialization, a high standard of living, and a well-developed infrastructure.

Incentive

A motivator or reward that encourages specific actions or behaviors, often used in economic and business contexts to influence decision-making.

Cost Of Living

The overall expense required to maintain a certain standard of living, including basic expenses such as housing, food, taxes, and healthcare.

Recession Of 2001

A brief economic downturn in the United States that occurred in the early 2000s, marked by a decline in the stock market and increased unemployment.