Data mining has proven to be a poor technique for improving the effectiveness of a firm's marketing strategies
Indicate whether the statement is true or false
FALSE
Explanation: Data mining is a process of exploring and analyzing sets of data to uncover the relationships and patterns that will help a business. For instance, a supermarket could use data mining to find out what products are purchased by the store's most profitable customers, and keep stocking those products. Data mining has not yet proven all of its potential to help businesses increase sales. However, advances in data mining technology are making it a growing part of business decision making.
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When analyzing a firm's long-term, debt-paying ability, we only want to determine the firm's ability to pay the principal
Indicate whether the statement is true or false
The JIT concept relies on product being ________ through the system as needed.
a. Pushed b. Aggregated c. Pulled d. Stockpiled
Which branch is the largest investigative branch of the Department of Homeland Security (DHS)??
A) ?U.S. Social Security Administration B) ?U.S. Immigration and Customs Enforcement C) ?U.S. Department of Justice D) ?U.S. Department of State
Identify which of the following statements is false.
A) A solely owned corporation is a sole proprietorship. B) A sole proprietorship is a separate taxable entity. C) A sole proprietor is considered to be an employee of the business. D) All of the above are false.