Software That Uses Sophisticated Decision-Making Processes to Search Raw Data

question 21

Multiple Choice

Software that uses sophisticated decision-making processes to search raw data for patterns and relationships that may be significant is called

• A) data warehousing.
• B) networking.
• C) knowledge management.
• D) data mining.
• E) none of these.

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Definitions:

Devil's Advocate

The act of taking a position or argument one does not necessarily agree with for the sake of debate or to explore the thought process behind opposing viewpoints.

Groupthink

A psychological phenomenon where the desire for harmony and conformity in a group leads to irrational or dysfunctional decision-making outcomes.

Risky Shift

A phenomenon where groups tend to make riskier decisions together than individuals would when making decisions alone.

Individual Decision

A decision-making process where a single person makes a choice based on their judgment and information available to them.