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2 ) Confirmatory analytics should tell a story. true false 3 ) Marketing helps companies meet customer needs profitably by selecting an appropriate marketing mix,
Confirmatory analytics should tell a story.
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Marketing helps companies meet customer needs profitably by selecting an appropriate marketing mix, which includes product, price, place, and promotion.
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Marketing prescriptive analytics answers the question: How do we optimize our performance based on potential constraints?"
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A marketing dashboard is a visual management tool that helps track and monitor KPIs to improve marketing effectiveness.
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Financial statements already contain many of the counts, totals, sums, averages, subtotals, minimums, and maximums that are needed as part of accounting diagnostic analytics.
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Optimizing product mix to maximize profit is most closely associated with predictive analytics.
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Accounting is the systematic process of measuring, recording, and communicating the financial information that decision makers need to make decisions.
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Social media would generally be considered to be unstructured data.
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The higher the expected risk, the lower the expected return.
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