A Function of the Expert Location System Is to ________

question 106

Multiple Choice

A function of the expert location system is to ________.

• A) mimic the reasoning of a human expert, drawing from a base of knowledge about a particular subject area to come to a decision or recommendation
• B) analyze popularity of products through market basket analysis
• C) find people in an organization with specific types of skills
• D) locate a person's whereabouts through the geographic navigation system

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Definitions:

Attractive Industry

A sector of the economy that offers significant opportunities for investment, growth, and profitability, making it appealing to businesses and investors.

Monopoly

A market structure characterized by a single seller, selling a unique product in the market with no close substitutes, often leading to less competition.

External Organizational Environment

Constitutes the outside forces, including economic, political, technological, and social factors, that affect an organization's operations.

Industry Environment

The external factors including economic, political, regulatory, and social that affect the operational, financial, and competitive landscape of industry sectors.