Caterpillar Collects and Analyses Large Volumes of Data About How

question 104

Multiple Choice

Caterpillar collects and analyses large volumes of data about how customers use their tractors.This permits them to ________ the cost of new product development efforts and to better ________ their products.

• A) increase; differentiate
• B) reduce; differentiate
• C) position; understand
• D) identify; disperse

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Definitions:

Current Ratio

A liquidity ratio that measures a company's ability to pay short-term obligations using its current assets.