3DE Competency/Analytical Tool Review #2

This competency can be described as the ability to use logic, research, data and intuition to break down complex problems and determine feasible strategies

• Critical & Analytical Thinking

• Self-Direction

• Cultural Agility

• Engaging Communication

This process is used to collect and make inferences about data. This enables them to make decisions about products and services, review internal processes and strategies, and test ideas and solutions

• Data-Action Process

• Goal Setting Process

• Data Analysis Process

• Data Calculation Process

Which of the following terms describe information that cannot be measured and expressed in numbers?
Choose the most appropriate response.

• Quantitative data

• Qualitative data

• Personal information

• Target audience data

After data is collected, how is it analyzed?

• It's input into a computer and saved for future use

• It's broken down into small pieces for closer examination

• It's presented to focus groups to obtain their opinion

• It's converted into marketing materials aimed at a target market

Which is the correct order for processing data when making a business decision?

• Form a conclusion, set a goal, collect and analyze data, take action

• Set a goal, form a conclusion, collect and analyze data, take action

• Set a goal, collect and analyze data, form a conclusion, take action

• Take action, analyze data, form a conclusion, set a goal

Which is not an example of why companies collect and use customer data?

• To learn about their customers

• To understand which resources are worth investment

• To learn how to alter customers' personal information

• To make inferences and decisions

Which of the following terms describes information that can be measured and expressed in numbers?

• Quantitative data

• Qualitative data

• Personal information

• Target audience data