Answer:
Explanation:
Professors Andrew McAfee and Erik Brynjolfsson of the MIT Sloan School of Management performed a study that proved that corporations that used data driven decision management had a higher productivity (+4%) and higher profits (+6%). This study was made by the two professors and the MIT Center for Digital Business.
They were very clear in specifying that the success of data driven management is based upon the quality of the data gathered and the effectiveness of its interpretation. Not all data gathered is useful for every corporation, so it must be properly analyzed and interpreted.
Answer:
The revision stage is a step within the writing process. In this stage, the author will review, change or make alterations to their writing. Due to editing a draft, it can sometimes be hard to make changes as you see fit if they aren't major changes that the author can visually see to correct. Sometimes the author gets stuck in making too many or too little changes to their writing.
Explanation:
Explanation:
The consumer choice theory corresponds to the variables that lead a consumer to consume a product or service instead of another.
The purchase decision-making process consists of several stages where the consumer identifies a need, searches for available options to satisfy that need and finally, evaluates and chooses the most appropriate purchase option.
This decision is linked to the benefits that the consumer will have with the product in relation to his budget.
Answer:
E. Maximize the market value of the firm's stock
Explanation:
Answer:
The correct answer is: substitutes.
Explanation:
A decrease in the supply of good B will cause the supply curve to move to the left. This leftward shift in the supply curve will cause the price of good B to increase.
The consumers will prefer a cheaper substitute, so when the price of good B increases, the demand for good C will increase.
This indicates that good B and good C are substitute goods.
