Define business intelligence system
What will be an ideal response?
A business intelligence system is a set of subsystems and applications that allows the management to analyze operational and market data, create models, make forecasts, and virtually test business decisions. BI systems help the strategic direction of the business.
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Which of the following is the disadvantage of marketing driven approach to the marketplace?
A) This kind of organization is slow to respond to changes. B) This approach is associated with high level of risk. C) It is not suited for high-scale products such as consumer goods. D) This approach does not consider customer opinion.
A single-bay car wash with a Poisson arrival rate and an exponential service time has cars arriving an average of 15 minutes apart. It takes approximately 9 minutes to wash a car. What is the system utilization?
What will be an ideal response?
Charles Brothers Bakery's sales efforts to local schools emphasizes personal selling without any e-commerce support. If Charles Brothers Bakery is doing things right, we would expect that the situation of selling to schools requires
A. low relationship building and a low degree of consumer product awareness. B. high relationship building and a low degree of standardized information exchange. C. low relationship building and a high degree of standardized information exchange. D. low relationship building and a low degree of standardized information exchange. E. high relationship building and high consumer technology understanding.
What is the mode of the scores below? 99, 100, 78, 79, 83, 85, 89, 68, 77, 82, 88, 81, 84, 86