How Would the Airline Industry Use Business Intelligence

question 224

Multiple Choice

How would the airline industry use business intelligence?

• A)analyze popular vacation locations with current flight listings
• B)understand customer credit card usage and nonpayment rates
• C)compare the demographics of patients with critical illnesses
• D)predict claim amounts and medical coverage costs

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Definitions:

Olive Trees

Perennial plants known for their fruit and oil, significant in culinary, cosmetic, and health products, with cultural and economic importance in many regions.

Market Making

A financial service activity where a firm quotes both buy and sell prices for financial instruments, facilitating liquidity and trading activity in the market.

Transaction Costs

Expenses incurred when buying or selling goods or services, which may include fees, taxes, or other costs beyond the price of the product itself.

Wealth

The total value of all financial assets and tangible possessions owned by an individual or entity after deducting liabilities.