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Subtract 33.7676.993233.767 - 6.9932 A) 367738
B) 26

question 85

Multiple Choice

Subtract: 33.7676.993233.767 - 6.9932

Comprehend the relevance of evidence-based management and its reliance on multiple sources of evidence.
Identify businesses and sectors that have significantly benefited from analytics and big data.
Understand the impact of low-cost information technology and social media on the growth of crowdsourcing.
Grasp the concept of analytics in finding meaningful patterns within large datasets.

Definitions:

PDCA Cycle

An iterative four-step management method used in business for the control and continuous improvement of processes and products, standing for Plan-Do-Check-Act.

Convergent Thinking

A problem-solving approach that focuses on finding a single, best solution to a problem by converging on a solution based on logic and facts.

Collaborative Decision Making

A process where two or more individuals work together to make a decision.

Cyclical Process

A process that repeats itself in cycles, where the end of one cycle is the beginning of the next.

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