Data Are Useful for Understanding Individual Sales, but to Gain

question 82

Multiple Choice

Data are useful for understanding individual sales, but to gain deeper insight into a business, data need to be turned into information.Which of the following offers an example of turning data into information?

• A)Who are my best customers?
• B)What is my best-selling product?
• C)What is my worst-selling product?
• D)All of these

---

Definitions:

Health Insurance

An insurance policy that covers the cost of medical and surgical treatments for the policyholder.

Employment-Based Health Insurance

Health insurance coverage that is provided for employees (and often their dependents) as part of the employee's benefits package.

Large Grocery Store

A substantial retail establishment that sells food and other household goods, often part of a chain or franchise.

Private Health Insurance

A program in which each member of a large pool of individuals pays a fixed amount to a private company that agrees to pay most of the medical expenses of the pool’s members.