You Have Been Hired by Inspiration Inc

question 73

Multiple Choice

You have been hired by Inspiration Inc., to help improve their profit margin. Inspiration Inc. is a business communications consultancy that services many clients in different industries throughout the U.S. The end products of the company are customized recommendations for the best use of a client's existing resources for improving internal communications, typically delivered via documentation in different media. The company has approximately 100 consultants, all of whom are located in their central headquarters in Chicago. What system do you recommend to improve the company's business processes and increase their profit margin?

• A)Extranet, to enable quick collaboration over the Internet, minimize the time spent communicating with the client, and minimize the amount of paperwork needed
• B)CRM, to maintain easily accessible customer records to minimize the time spent looking for client data
• C)KMS, for minimizing redundant work on similar clients
• D)Video conferencing system, for improving collaboration

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Definitions:

Hypothesized Population Mean

The expected mean value of a population, proposed prior to conducting a study.

Standard Deviation

A numerical value indicating the spread of data points around the mean of the dataset.

Less Than

Less than is a mathematical term used to indicate that one quantity is smaller than another, often symbolized by "<".

Variable

Any characteristic, number, or quantity that can be measured or counted.