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Flura [38]
3 years ago
12

Consider the following questions: Which customers are most likely to renew their subscription to our service at the regular pric

e? What special offers might persuade different customers to renew? What behaviors signal that a customer is about to cancel? Which data mining approach do these questions refer to?
Business
1 answer:
inn [45]3 years ago
7 0

Answer:

The correct answer is predictive analysis.

Explanation:

Predictive analysis uses historical data to predict future events. Normally, historical data is used to create a mathematical model that captures important trends. This predictive model is then used with the current data to predict what will happen next, or to suggest actions to take in order to obtain optimal results.

Predictive analysis has received a lot of attention in recent years due to advances in the technology that supports it, especially in the areas of big data and machine learning.

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Outsourcing is:
Sav [38]

Answer: Option A  

Explanation: Outsourcing can be defined as the business practice under which the company transfers its certain jobs to other labor force in foreign countries.

This system is majorly employed by the organisations because of low price labor in foreign countries.

From the above explanation we can conclude that option A is correct.

4 0
3 years ago
Winter Wonder Inc. is a leader in producing winter sports equipment, including skis and skates. Recently, the firm decided to ex
igor_vitrenko [27]

Answer:

b) Managerial hubris

Explanation:

Based on the scenario being described within the question it can be said that the term that is often used to describe this would be Managerial hubris. This term refers to the unrealistic belief by managers that believe that they can manage a target firm's assets better than that firm's current management. Which is what is happening in this scenario since the managers at Winter Wonder believe that they can do a better job at managing the Sleds by Bob business better that their current managers.

5 0
4 years ago
A car dealership gives another company a consumer's financial records without notifying the consumer. Which regulatory act did t
FrozenT [24]
Right to financial privacy act

7 0
3 years ago
Read 2 more answers
The Tasty Sub Shop Case:
alex41 [277]

The case of QHIC will have an accurate prediction but not the Tasty Sub Shop Case.

Explanation:

<u>Simple Linear Regression Analysis is done to predict the trend of one variable in accordance with another independent variable</u>. This concept does not account for multiple independent or interdependent factors in predictions.

<u>Thus, the projections are accurate when there is only one factor involved to influence the Prediction.</u>

This is so in the QHIC case as any household that spends more on home upkeep will be an ideal advertising target for the firm.

However, just the number of residents in the locality cannot ensure the profitability of a restaurant. competition from other restaurants, net income and eating habits of the locality must also be considered.

3 0
3 years ago
In a ________ computing model, companies use their own infrastructure for essential computing tasks and adopt public cloud compu
navik [9.2K]
The answer to this problem is the "HYBRID CLOUD". Hence when in a Hybrid Cloud computing model, companies use their own infrastructure for essential computing tasks and adopt public and shared cloud computing for less critical and less important operations or additional processing during and within peak business periods and time.
4 0
3 years ago
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