How would the banking industry use business intelligence?

A. Analyze popular vacation locations with current flight listings.
B. Predict claim amounts and medical coverage costs.
C. Understand customer credit card usage and nonpayment rates.
D. Compare the demographics of patients with critical illnesses.


Answer: C

Business

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Kamal places an ad in the local newspaper as follows: "$500 reward for the return of my gold ring." Mira finds the ring and returns it to Kamal, but he refuses to pay her the $500. Which of the following statements is true regarding this case?

A. Mira accepted the ad as an offer for a unilateral contract by returning the ring and hence, Kamal is bound to pay her the $500. B. As the ad was merely a solicitation of offers, there was no contract until Kamal accepted Mira's offer to find the ring. C. Mira may not recover the money because she did not contact Kamal before she began her search. D. As Mira did not pay Kamal to keep the offer open, he is free to revoke the offer and not pay her anything.

Business

A question that asks how often a respondent purchases plane tickets would be considered:

A) categorical levels B) metric levels C) metric labels D) categorical labels E) average levels

Business

A good interpersonal communicator ________

A) limit emails and texts B) engages in lengthy monologues C) fights off interruptions from the audience to hold onto "the floor" D) invites the audience to respond after concisely making his or her point E) avoids asking questions that are designed to involve the audience in the conversation

Business

Answer the following statements true (T) or false (F)

In setting policy, due process means that a regulatory agency seeks to involve all affected parties in its deliberations.

Business