Business Analytics Is a Field Which

question 30

Multiple Choice

Business analytics is a field which.

• A) is the same as operations research.
• B) aids managerial decision making through the use of data.
• C) uses descriptive analytics to predict the future.
• D) uses prescriptive analytics to analyze trends.
• E) uses predictive analytics to determine the best course of action.

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Definitions:

Rate of Return

The profit or loss of an investment over a particular period, represented as a proportion of the initial investment amount.

Employee Morale

The overall outlook, attitude, satisfaction, and confidence that employees feel at work.

Capital Investment

Financial allocation towards the purchase or maintenance of long-term assets such as property, plants, and equipment, with the expectation of generating future returns.

Qualitative Characteristic

A feature used to describe or categorize non-quantitative aspects of items, events, or conditions, often used in accounting and finance to evaluate factors that are not numerically based.