What Type of Analytics Would Predict If a Company Is

question 45

Multiple Choice

What type of analytics would predict if a company is expected to go bankrupt?

• A) Descriptive analytics
• B) Diagnostic analytics
• C) Predictive analytics
• D) Prescriptive analytics

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Definitions:

Worker Control

A form of workplace governance in which employees have a direct say in the management and operational decisions of the organization.

Decision-Making

The process of making choices by identifying a decision, gathering information, and assessing alternative resolutions.

Scientific Management

A management theory developed by Frederick Taylor aiming to improve economic efficiency and labor productivity through systematic study and analysis of workflow.

Mass Manufacturing

The production of large quantities of standardized products, often utilizing assembly line technology to achieve efficiency and cost-effectiveness.