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Data Is Useful for Understanding Individual Sales, but to Gain

question 1

Multiple Choice

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

Comprehend the limitations of human cognition in decision and judgment making.

Define and understand the concept of creativity in both individual and team contexts.

Understand the key distinctions between classical and behavioral decision models.

Distinguish between programmed and non-programmed decisions with examples.

Definitions:

Jean Piaget

A Swiss developmental psychologist best known for his theory of cognitive development that describes how children develop intellectual abilities from infancy to adolescence.

Sensorimotor Stage

The first of the four stages of cognitive development in Piaget's theory, occurring from birth to about 2 years of age, where infants learn about the world through their movements and sensory experiences.

Object Permanence

The understanding that objects continue to exist even when they cannot be seen, heard, or otherwise sensed.

Abusive Parenting

A harmful pattern of behavior by parents towards their children, which can be physical, emotional, or sexual in nature.