A(n) ________ is a type of intelligent technique that finds patterns and relationships in massive data sets too large for a human to analyze
A) inference engine
B) CAD
C) expert system
D) genetic algorithm
E) neural network
E
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Operational decisions or semistructured decisions arise in situations where established processes offer potential solutions.
Answer the following statement true (T) or false (F)
The rate of sales decline during the decline stage of the product life cycle is largely governed by:
A. the amount of money spent on advertising B. the number of competitors in the market C. the intensity of the competition's marketing efforts D. the amount of shelf space allotted to the product E. how rapidly consumer tastes change or substitute products are adopted
All of the following gains from investments are taxed as ordinary income except
A) coupon payments. B) interest. C) short-term capital gains. D) long-term capital gains.
Insurance Company violates a state licensing statute when selling a policy to Jay, in whose state it is not licensed to sell insurance. As a member of the class of persons protected by the statute, Jay can
A. none of the choices. B. enforce the policy and recover from the insurer. C. obtain a license to sell insurance and a list of the insurer’s customers. D. collect benefits under the policy immediately.