What Focuses on Forecasting Future Trends and Producing Insights Using

question 463

Multiple Choice

What focuses on forecasting future trends and producing insights using sophisticated quantitative methods,including statistics,descriptive and predictive data mining,simulation,and optimization?

• A) Big Data
• B) Distributed computing
• C) Advanced analytics
• D) Data scientist

Understand and compare the core concepts of the five most influential theories of motivation.

Apply contemporary motivational strategies to a hypothetical business scenario.

Develop a comprehensive action plan based on the principles of goal-setting theory.

Understand the fundamental concepts of financial statement analysis including liquidity, solvency, profitability, and market prospects.

---

Definitions:

Goods

Tangible items that satisfy human wants or needs, and that can be transferred from one person to another.

Income

The income earned, particularly consistently, from employment or investment returns.

Ordinal Utility

A concept in economics that describes how consumers rank different bundles of goods, reflecting preferences in terms of order rather than quantifiable satisfaction.

Cardinal Utility

A concept in economics that assumes utility can be measured in absolute numbers, allowing for quantifiable comparisons between satisfaction levels.