This topic contains a solution. Click here to go to the answer

Author Question: A better understanding of consumer behavior through analytics directly leads to a. more profits. b. ... (Read 182 times)

dakota nelson

  • Hero Member
  • *****
  • Posts: 604
A better understanding of consumer behavior through analytics directly leads to
 a. more profits. b. better pricing strategies.
  c. reduced advertising costs. d. reduced risk.

Question 2

In order to manage an organization's human resource activities, such as hiring employees, tracking, and influencing employee retention, HR personnel use
 a. descriptive and predictive analytics. b. descriptive and prescriptive analytics.
  c. predictive and prescriptive analytics. d. predictive analytics.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

fffftttt

  • Sr. Member
  • ****
  • Posts: 322
Answer to Question 1

b
RATIONALE: A better understanding of consumer behavior through analytics leads to the better use of advertising budgets, more effective pricing strategies, improved forecasting of demand, improved product line management, and increased customer satisfaction and loyalty.

Answer to Question 2

a
RATIONALE: The HR analytics team uses descriptive and predictive analytics to support employee hiring and to track and influence retention.




dakota nelson

  • Member
  • Posts: 604
Reply 2 on: Jun 24, 2018
YES! Correct, THANKS for helping me on my review


jomama

  • Member
  • Posts: 346
Reply 3 on: Yesterday
Gracias!

 

Did you know?

The highest suicide rate in the United States is among people ages 65 years and older. Almost 15% of people in this age group commit suicide every year.

Did you know?

Pregnant women usually experience a heightened sense of smell beginning late in the first trimester. Some experts call this the body's way of protecting a pregnant woman from foods that are unsafe for the fetus.

Did you know?

An identified risk factor for osteoporosis is the intake of excessive amounts of vitamin A. Dietary intake of approximately double the recommended daily amount of vitamin A, by women, has been shown to reduce bone mineral density and increase the chances for hip fractures compared with women who consumed the recommended daily amount (or less) of vitamin A.

Did you know?

Sildenafil (Viagra®) has two actions that may be of consequence in patients with heart disease. It can lower the blood pressure, and it can interact with nitrates. It should never be used in patients who are taking nitrates.

Did you know?

For pediatric patients, intravenous fluids are the most commonly cited products involved in medication errors that are reported to the USP.

For a complete list of videos, visit our video library