________ Help in Analyzing Why a Key Indicator Is Not

question 79

Multiple Choice

________ help in analyzing why a key indicator is not at an appropriate level or why an exception occurred.

• A) Activity reports
• B) Exception reports
• C) Drill-down reports
• D) Scheduled reports
• E) Key-indicator reports

---

Definitions:

Anchoring

The tendency people have to unconsciously base, or “anchor,” the valuation of an item they are currently thinking about on recently considered but logically irrelevant information.

Decision Making

The process of selecting the best course of action from several alternatives to achieve a desired goal.

Irrelevant Information

Data or facts that do not influence decision-making processes in a given context, lacking value for the question or decision at hand.

Prospect Theory

A psychological theory that describes how people choose between probabilistic alternatives that involve risk.