Business Intelligence Can Provide Managers with the Ability to Make

question 101

Multiple Choice

Business intelligence can provide managers with the ability to make better decisions. Which of the following is not an example of how different industries use business intelligence?

• A)Analyze popular vacation locations with current flight listings.
• B)Understand customer credit card usage and nonpayment rates.
• C)Compare the demographics of patients with critical illnesses.
• D)All of the above are examples of how industries use business intelligence.

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Definitions:

Direct Labor-Hours

The total hours worked by employees directly involved in manufacturing products or delivering services.

Variable Overhead

Costs of production that fluctuate with the level of output, such as utility expenses for machinery, which increase with more extensive production.

Direct Materials

Direct materials are raw materials that are directly traceable to the manufacturing of a product and constitute a significant portion of the product's cost.

Direct Labor-Hours

The full sum of time spent by employees directly engaged in the process of creating products.