Examlex
As the product manager for the eatery division at Whole Foods, Jerry is responsible for analyzing sales data to help him manage his team.Today, Jerry is analyzing his data using aggregation techniques allowing him to see simple roll-ups to complex groupings of interrelated information.Which of the following common digital dashboard capabilities is Jerry using to analyze his departments success?
Negative Externalities
Costs suffered by a third party due to an economic transaction that they were not a part of.
Coase Theorem
A principle that asserts that if property rights are well-defined and transaction costs are negligible, parties will negotiate to correct externalities and allocate resources efficiently.
Private Market
A private market is a part of the financial market in which investments are negotiated directly between parties, without public market listing.
Externalities
Unintended outcomes from business transactions impacting external groups, not included in the product or service pricing.
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