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WorksheetsAMIS2713 - Chapter 1 Part 1
Total questions: 20
Worksheet time: 7mins
What is the primary purpose of business analytics?
To increase employee productivity
To improve customer service
To reduce operational costs
To help managers make fact‐based decisions
Setting prices for consumer is example in which application?
Pricing
Merchandising
Location
Staffing
Determining the best sourcing is example in which application?
Health care
Customer segmentation
Supply Chain Design
Location
Which of the following is NOT the benefit of analytics?
Faster decisions
Reduced costs
Insufficient skills
Better productivity
Which of the following falls under analytic foundations?
Data mining
Visualization
Risk analysis
Statistics
Which of the following falls under modern business analytic?
Information Systems
Decision Support Systems
Business Intelligence
Operations Research
In business analytics, the spreadsheet is used for
data manipulation
report generation
copy & paste information
visual aid
The use of data to understand business performance and make decisions is described as
Descriptive analytics
Predictive analytics
Prescriptive analytics
Objective analytics
Identifying the best alternatives to minimize or maximize some objective is described as
Descriptive analytics
Predictive analytics
Prescriptive analytics
Objective analytics
The term _____ is also known as processed data
Data
Information
Formula
Process
What does the term "big data" refer to?
(Choose all that apply)
Massive amounts of data
Real-time data
Imaginary data
Unpredictable data
Which of the following refers to massive amounts of business
data?
Variety
Veracity
Velocity
Volume
ACCURATE AND CONSISTENT is the criteria of
Reliability
Measurability
Validity
Interactivity
A survey question that asks a customer to rate the movie can be described as
valid and reliable
not valid but reliable
valid but not reliable
not valid and not reliable
In business analytics, model refers to
simulation of the data
participant in fashion show
profit making company
representation of object
Which of the following is NOT a model in business analytics?
Physical description
Verbal description
Mathematical model
Visual model
This model use image and video to deliver the message.
Verbal description
Visual model
Mathematical model
Audio model
Which of the following is an example of a mathematical model used in business analytics?
Creating a physical replica of a production facility
Developing an algorithm to predict customer spending behavior
Participating in a fashion show as a model
Designing a scaled-down prototype of a new product
How can business analytics be applied in supply chain management?
Optimizing employee schedules
Analyzing customer feedback
Forecasting demand and inventory levels
Creating organizational charts
In which area can business analytics be used for fraud detection?
Managing employee benefits
Tracking office supply inventory
Conducting team-building workshops
Analyzing financial transactions
