In the US Telecommunications Company Case Study, the Use of Analytics Via

question 67

Short Answer

In the U.S. telecommunications company case study, the use of analytics via dashboards has helped to improve the effectiveness of the company's ________ assessments and to make their systems more secure.

---

Definitions:

Elastic Demand

A situation where the demand for a good or service greatly changes in response to changes in price.

Direct Price Discrimination

A pricing strategy where a seller charges different prices to different customers for the same product or service, based on their willingness to pay.

Inelastic Demand

A situation in which demand for a good or service is barely affected by changes in price.

Elastic Demand

When consumer demand for a product significantly rises or falls following a small change in its price.