Predictive analytics is

A) the science of using customer data to predict past consumption behavior.
B) the science of using customer data to predict future consumption behavior.
C) the science of using customer data to develop a SCOR delivery model.
D) the science of using customer data to develop swim lane process maps.


B) the science of using customer data to predict future consumption behavior.

Business

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A favorable business climate in facility location decision making might include local government intervention to facilitate businesses locating in an area via subsidies.

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

Business

Which of the following statements is true of cultural factors that influence consumer behavior?

A) Cultural influences on buying behavior are identical across countries. B) Social classes show distinct product and brand preferences in areas such as clothing and travel. C) Subcultures include nationalities and racial groups, but exclude religions. D) Subcultures are groups within which each individual has a unique and distinct value system. E) Hispanic Americans and African Americans are examples of racially-segregated groups and not subcultures.

Business

The paper quality of a letter is an example of ______.

A. verbal communication B. metacommunication C. false communication D. telecommunication

Business

Assume that Sherrie's Cherries contracts with Dessert World to sell and ship 600 pounds of cherries in three equal installments of 200 pounds each. If the first installment arrives with 5 pounds of spoilage, then Dessert World may

a. reject the installment shipment because of the perfect tender rule. b. not reject the installment if those in the food industry expect a small percentage of spoilage with fresh fruits or vegetables. c. reject the entire contract. d. declare a breach and "cover."

Business