Top Managers Use Predictive Analytics to Define the Future of the Business

question 25

True/False

Top managers use predictive analytics to define the future of the business, analyzing markets, industries, and economies to determine the strategic direction the company must follow to remain profitable.

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Definitions:

Outcome

The result or effect of an action, situation, or event.

Job Security

The guarantee or chance that someone will keep their position without the danger of losing their job.

Communication Competency

The ability to effectively convey, receive, and interpret messages, information, and ideas through various mediums and settings.

Internal Programs

Projects, initiatives, or plans developed within an organization to achieve specific goals, improve operations, or address internal needs.