Which Form of BI Uses the Time Frame of Days

question 24

Multiple Choice

Which form of BI uses the time frame of days to weeks to months?

• A)Operational BI
• B)Tactical BI
• C)Strategic BI
• D)All of these

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Definitions:

Disposable Income

The net income available to an individual or household after taxes have been deducted, used for savings or spending on goods and services.

Induced Consumption

An increase in spending on goods and services caused by an increase in income, reflecting a direct relationship between income levels and consumer spending.

APS

Average Propensity to Save, the fraction of income that is saved rather than spent on consumption goods.

APC

This stands for Average Propensity to Consume, which is the percentage of income that an individual or population spends rather than saving.