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Using Big Data Analytics to Drive Business Decisions

Instructions:

Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

What are big data analytics?

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1. What is forecasting useful for?

2. Which of the following is NOT a way that big data analytics helps organizations stay ahead of the competition?

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About This Quiz & Worksheet

You can measure your comprehension of big data analytics and their role in business decision making with this combination of worksheet and interactive quiz. Quiz questions will test you on the uses and techniques related to big data analytics.

Quiz & Worksheet Goals

Students will be asked about the following in this quiz:

  • Uses of forecasting
  • The definition of big data analytics
  • Techniques of data analytics used in business decisions
  • Components of executive decisions
  • 'Know when to hold them...'

Skills Practiced

You can demonstrate your skills in the following areas:

  • Information recall - access the knowledge you've gained regarding uses of forecasting
  • Defining key concepts - ensure that you can accurately define main phrases, such as big data analytics
  • Interpreting information - verify that you can read information regarding techniques of data analytics and interpret it correctly
  • Reading comprehension - ensure that you draw the most important information about the role of big picture analysis in business decisions from the related lesson

Additional Learning

The accompanying lesson titled Using Big Data Analytics to Drive Business Decisions will provide an opportunity to keep learning about this business topic. Objectives of this lesson include the following:

  • Identify different techniques of big data analytics
  • Explain how these techniques can be used in decision making for businesses
  • Recognize the importance of big data analytics to businesses
Final Exam
Big Picture Thinking in Business
This course currently has no final exam ready
Chapter Exam
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