Managers Can Use BI to Answer Tough Business Questions

question 331

Multiple Choice

Managers can use BI to answer tough business questions. Which of the following describes the value of knowing where the business has been?

• A)A historical perspective offers important variables for determining trends and patterns.
• B)Looking at the current business situation allows managers to take effective action to solve issues before they grow out of control.
• C)Setting strategic direction is critical for planning and creating solid business strategies.
• D)None of the above.

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Definitions:

Keystone Species

A species whose presence and role within an ecosystem have a disproportionate effect on the environment relative to its abundance.

Specie Richness

A measure of the number of different species present in an ecological community, indicating its biodiversity.

Negatively Impact

To have a harmful or adverse effect on something.

Dominant Species

In a community, a species that as a result of its large biomass or abundance exerts a major influence on the distribution of populations of other species.