BI Answers the Question _________________

question 25

Multiple Choice

BI answers the question _________________

• A)What will happen if these trends continue?
• B)What will happen next?
• C)Where is the problem?
• D)Why is this happening?

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Definitions:

Price Changes

Adjustments in the cost of goods and services in the market, often influenced by factors like supply and demand, inflation, and government policies.

Menu Costs

Menu costs are the costs to firms of changing their prices, including the physical costs of changing price tags and the intangible costs of updating pricing information.

Advertising New Prices

The practice of notifying consumers about changes in the prices of goods or services through various forms of media.

Collision Detection

The computational procedure to check and identify when two or more entities in a digital simulation or physical environment occupy the same space at the same time, to prevent or resolve conflicts.