What is a special case of what-if analysis that studies the impact on other variables when one variable is changed repeatedly?
What is drill-down?
|A)||Enables users to view details, and details of details, of information|
|B)||Finds the inputs necessary to achieve a goal such as a desired level of output|
|C)||The aggregation of data from simple roll-ups to complex groupings of interrelated information|
|D)||The ability to look at information from different perspectives|
What is an extension of goal-seeking analysis that finds the optimum value for a target variable by repeatedly changing other variables, subject to specified constraints?
What is a category of AI that attempts to emulate the way the human brain works?
Which type of model represents the current state of the operation that has been mapped, without any specific improvements or changes to existing processes?
|A)||As-Is process model|
|B)||To-Be process model|
Which of the following is an example of an unstructured decision?
|A)||What industry trends are worth analyzing?|
|B)||What new products and new markets does the company need to create competitive advantages?|
|C)||How will a recession over the next years impact business?|
|D)||All of these are correct.|
What is a customer facing process?
|A)||A standardized set of activities that accomplish a specific task, such as processing a customer's order|
|B)||Results in a product or service that is received by an organization's external customer|
|C)||Invisible to the external customer but essential to the effective management of the business and include goal setting, day-to-day planning, performance feedback, rewards, and resource allocation|
|D)||Attempts to understand and measure the current process, and make performance improvements accordingly|