Identify the business advantages of a relational database.
What will be an ideal response?
Many business managers are familiar with Excel and other spreadsheet programs they can use to store business data. Although spreadsheets are excellent for supporting some data analysis, they offer limited functionality in terms of security, accessibility, and flexibility and can rarely scale to support business growth. From a business perspective, relational databases offer many advantages over using a text document or a spreadsheet, including increased flexibility, increased scalability and performance, reduced information redundancy, increased information integrity (quality), and increased information security.
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Which of the following statements is true regarding secondary data sources?
A) Data collection from secondary sources is time consuming. B) It is usually less expensive than primary data. C) The data gathered is tailored to the manager's needs. D) Secondary data sources are usually consulted after exhausting primary sources.
Based on the following statement from the text," to develop forecasts of individual operating assets and liabilities, you must first determine the underlying operating activities that drive them". Explain what those underlying activities are?
Which of the following is NOT an element of the promotion mix?
A) public relations B) personal selling C) sales promotion D) product E) direct marketing
Which of the following project life span phases helps to identify certain technical problems and issues in a project that may require additional investigation?
A) conceptualization B) planning C) design D) implementation