Which of the following statements is true about business intelligence?
A) It is an act of outsourcing tasks, traditionally performed by an employee or contractor, to an undefined, large group of people or community, through the use of information technology.
B) It is the process by which a customer-owned mutual organization or cooperative changes legal form to a joint stock company.
C) It is the use of information systems to gather and analyze information from internal and external sources in order to make better business decisions.
D) It is an organization's process of defining its strategy, or direction, and making decisions on allocating its resources to pursue this strategy, including its capital and people.
E) It is the use of human resources to gather and analyze information from external sources in order to make better business decisions.
Question 2
Which of the following actions distinguishes firms pursuing a transnational business strategy from firms using other business strategies?
A) responding to local challenges and opportunities quickly
B) exerting strong control over its subsidiaries
C) striking a balance between centralization and decentralization
D) responding to global challenges and opportunities quickly
E) standardizing product offerings to achieve economies of scale
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