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1.2_Benefits of Data Analytics

1.2_Benefits of Data Analytics

Assessment

Interactive Video

Business

12th Grade

Easy

Created by

Bryan Bathan

Used 3+ times

FREE Resource

17 questions

Show all answers

1.

SLIDE QUESTION

30 sec • Ungraded

2.

SLIDE QUESTION

30 sec • Ungraded

3.

OPEN ENDED QUESTION

3 mins • 1 pt

Why do organizations need to understand and anticipate customer needs?

Evaluate responses using AI:

OFF

4.

SLIDE QUESTION

30 sec • Ungraded

5.

SLIDE QUESTION

30 sec • Ungraded

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one way companies can gain a competitive advantage by leveraging third-party data sources?

By ignoring publicly shared thoughts and opinions.

Through effective data collation and analytics of individuals' publicized thoughts and opinions.

By focusing solely on internal sales data.

By limiting their data collection to only one social media platform.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Analyzing social media data primarily helps companies to

Decrease their marketing efforts.

Reduce the need for third-party data sources.

Understand customer preferences and develop products that meet market demands.

Publicize their own thoughts and opinions more effectively.

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