Business Intelligence Refers to the

question 31

Multiple Choice

Business intelligence refers to the

• A)use of industrial espionage to capture data about competitors.
• B)use of data contained in a data warehouse for strategic planning.
• C)publications provided by industry consultants and news letters.
• D)systematic application of online search engines like Google to identify industry-specific trends and benchmarks.

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Definitions:

Consuming Too Much

Consuming too much refers to the act of using or buying more resources or products than are needed, often leading to waste and potential environmental and economic consequences.

Saving Too Little

A situation where individuals or countries do not save enough income or resources for future needs, potentially leading to financial instability.

Disposable Income

Financial means left for households to spend and save after income tax obligations.

APC

Average Propensity to Consume refers to the ratio of consumption expenditure to income.