Business Analytics Is the Process of Developing Actionable Decisions or Recommendations

question 42

Short Answer

Business analytics is the process of developing actionable decisions or recommendations for actions based on insights generated from _____________ data.

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Definitions:

Tariffs

Government taxes on products or services entering a country that primarily serve to raise prices on imports.

Chinese Tire Imports

Refers to the importation of tires from China into other countries, which has often been a point of trade and tariff discussions.

Protectionism

The practice of shielding one or more industries within a country’s economy from foreign competition through the use of tariffs or quotas.

Anticompetitive Export Subsidies

Financial support from a government to domestic businesses that unfairly disadvantages competitors in international markets.