What Is Slice-And-Dice Capability

question 16

Multiple Choice

What is slice-and-dice capability?

• A) Involves the aggregation of information and features simple roll-ups to complex groupings of interrelated information
• B) Enables the examination of information from different perspectives
• C) Enables users to get details, and details of details, of information
• D) Finds the inputs necessary to achieve a goal such as a desired level of output

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Definitions:

Socially Optimum

A state where resources are allocated in the most efficient way from a societal perspective, maximizing social welfare.

Positive Externality

A benefit that affects a party who did not choose to incur that benefit, often discussed in the context of public goods and services.

Pigouvian Subsidy

A payment designed to encourage activities that yield external benefits.

Scenic Beauty

The visual appeal and aesthetic value of a particular landscape or location, often contributing to its desirability for recreation and tourism.