A major characteristic of a DSS and many BI tools (notably those of business analytics) is the inclusion of at least one model. How does the text describe a model?
What will be an ideal response?
A model is a simplified representation or abstraction of reality. It is usually simplified because reality is too complex to describe exactly and because much of the complexity is actually irrelevant in solving a specific problem.
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Which statement is true of an organizational structure in a high-performance work system?
A. It helps the organization select the right people with the required qualifications. B. It promotes high employee turnover. C. It promotes cooperation and learning. D. It encourages people to strive for objectives that support the organization's overall goals. E. It discourages competition.
Use the information provided in Table 8.4. What is the estimated Weekly Gross Revenue if $4,000 is spent on Radio Advertising (X1 ) and $7,000 is spent on Newspaper Advertising (X2 )?
A) $52,250 B) $26,250 C) $72,750 D) $20,500
A concern that is problematic and compels companies to take action immediately is
A. the quality of merchandise. B. the quality of service. C. an employee's lack of courtesy. D. all of the above.
Indicate the ways in which a bad-news message can be ended on a positive note.
What will be an ideal response?