How Would the Banking Industry Use Business Intelligence

question 12

Multiple Choice

How would the banking 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:

Promissory Note

A written promise to pay a specified sum of money to a certain individual or entity at a specified time or on demand, under specified conditions.

Fraud in the Inducement

A deceitful practice where a person is misled through misrepresentation to enter into a contract or agreement.

Essential Nature

The fundamental qualities or characteristics that define the true identity or core purpose of something.

Autograph Fraud

Involves the forgery or misrepresentation of a celebrity or notable individual's signature with the intent to deceive or profit.