________ is the mining of large amounts of data to find insights that enhance competitive advantage.
What will be an ideal response?
Big data
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A major disadvantage to team decision-making is when team members are more concerned with preserving harmony in the group than with risking opinions that may cause conflict or offense. This is called ______.
A. group effectiveness B. social facilitation C. groupthink D. brainstorming
A detailed, comprehensive document that encompasses an organization’s strategic, marketing, business, and operational plans is called a ______.
A. market plan B. business plan C. feasibility analysis D. sensitivity analysis
Stephen is a new entrepreneur who would like to advertise his business but feels his creativity is insufficient to the task. Where can he find help?
A. Competing businesses B. Neighboring businesses C. Computer sales firms D. Advertising specialists
The leadership of any organization is the best source of information on where the business should be going and how it is going to get there.
Answer the following statement true (T) or false (F)