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Question
Transactional information is used when performing operational tasks and repetitive decisions such as analyzing daily sales reports and production schedules to determine how much inventory to carry.
Answer
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Disruptive technology tends to provide us with better, faster, and cheaper products.
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B. usability
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C. best practices
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A common mistake that many managers tend to make is focusing on only one type of metrics because they are easier to measure. Which type of metrics do they focus on?
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A. a business that operates only on the Internet without a physical store
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C. a business that sells services only in a physical store
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A. fuzzy logic
B. virtual reality
C. expert system
D. genetic algorithm
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What is a system that uses computerized advisory programs to imitate the reasoning processes of experts in solving difficult problems?
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As the product manager for the eatery division at Whole Foods, Jerry is responsible for analyzing sales data to help him manage his team. Today Jerry is analyzing his data using aggregation techniques allowing him to see simple roll-ups to complex groupings of interrelated information. Which of the following common digital dashboard capabilities is Jerry using to analyze his department's success?
A. slice-and-dice
B. pivot
C. drill-down
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Which of the following business ideas is not using AI?
A. Best Buy implements a software system that will determine how many customers are needed to increase gross profits to $5 million.
B. McDonalds unveils a robot that cleans and tidies the restaurant, while also asking guests if it can take their trays to the trash.
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D. Golf courses create an automated golf cart that can offer swing suggestions, club suggestions, and even navigate the course for the driver.