The thing which the data analysts do during the ask phase are:
- Define the problem by looking at the current state
- Identifying how it's different from the ideal state.
<h3>What is Data Analysis?</h3>
This refers to the use of data to find out the similarity and differences between the different data and how to use it to solve problems.
With this in mind, we can see that during the data analysis process phases, we can see that they include:
- Ask
- Prepare
- Process
- Analyze
- Share
- Act.
Then in the ask phase, the data analysts have to define the problem and then identify how to solve it.
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Much to the chagrin of established firms, one clear super trend is that products and services must get to market faster because "more competitors are offering targeted products."
This is because it has been observed that several start-ups firms offer similar products to what the established firms are had as a business idea. Not only that, but they also target the same group of consumers.
Therefore, to remain top of the game and beat the startups out of business, the established firms must ensure their business ideas are quickly turned into products or services and get to the market faster.
Otherwise, the startups will take over their business ideas and a huge part of their targeted consumers.
Hence, in this case, it is concluded that the established firms must be proactive if they want to remain above the rest of their competitors.
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Answer:
The answer is letter A.
Explanation:
Determining salesperson targets and incentives is a preproduction service in a value chain that requires forecasts to gain customers in the value chain.
When a bad debt is written off, the thing that should be fine is an entry to reinstate the account receivable and and entry to record payment.
<h3>What is a bad debt?</h3>
A bad debt simply means an uncollectible account expense that's unlikely to be paid by a debtor.
When an account previously written off is collected in full, to ensure the accounting for the complete payment history of the customer, it's important to reinstate the account receivable and and entry to record payment.
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