4. Firms use a price than competitors. a) product differentiation b) market niche c) mass customization d) process efficiency e) low-cost leadership 5. Mercedes has tweeted a photo of a new E-class design, which generated a lot of replies. Mercedes now wants to analyze these twitter replies to assess the initial feedback regarding the new E-class design. To do that, Mercedes hired you as a data analyst. Which of the following techniques will you use? a) sentiment analysis. b) location analytics. c) simulation analysis. strategy to produce products and services at a lower d) associations rules analysis e) forecasting analysis. 6. All of the following are true statements about project management except a) projects are a temporary endeavor that ends with either the accomplishment of the project's objective or projects termination. b) projects are risky because they require management of multiple resources and involve uncertainty. c) projects are routine. d) projects have a sponsor who sets the requirements and provides funding. e) projects require recourses: people, financial, and physical.

Principles of Information Systems (MindTap Course List)
12th Edition
ISBN:9781285867168
Author:Ralph Stair, George Reynolds
Publisher:Ralph Stair, George Reynolds
Chapter1: An Introduction To Information Systems
Section: Chapter Questions
Problem 2CTQ2
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4. Firms use a
price than competitors.
a) product differentiation
b) market niche
c) mass customization
d) process efficiency
e) low-cost leadership
strategy to produce products and services at a lower
HA O
5. Mercedes has tweeted a photo of a new E-class design, which generated a lot of replies.
Mercedes now wants to analyze these twitter replies to assess the initial feedback regarding
the new E-class design. To do that, Mercedes hired you as a data analyst. Which of the
following techniques will you use?
a) sentiment analysis.
b) location analytics.
c) simulation analysis.
d) associations rules analysis
e) forecasting analysis.
6. All of the following are true statements about project management except
a) projects are a temporary endeavor that ends with either the accomplishment of the
project's objective or projects termination.
b) projects are risky because they require management of multiple resources and involve
uncertainty.
c) projects are routine.
d) projects have a sponsor who sets the requirements and provides funding.
e) projects require recourses: people, financial, and physical.
7. In project management, work Breakdown Structures (WBS) is defined as
a) an oversight function that is aligned with the organization's governance model and
encompasses the project life cycle
b) formalizing acceptance of the project scope by a project sponsor.
c) is a chart that subdivide the major project deliverables into smaller and more manageable
tasks.
d) a product that can quantifiably verify the completion of a task or the project itself.
. As data analyst, you would use regression method for:
a) clustering.
b) simulation.
c) prediction
d) segmentation
e) cost and benefit
Transcribed Image Text:4. Firms use a price than competitors. a) product differentiation b) market niche c) mass customization d) process efficiency e) low-cost leadership strategy to produce products and services at a lower HA O 5. Mercedes has tweeted a photo of a new E-class design, which generated a lot of replies. Mercedes now wants to analyze these twitter replies to assess the initial feedback regarding the new E-class design. To do that, Mercedes hired you as a data analyst. Which of the following techniques will you use? a) sentiment analysis. b) location analytics. c) simulation analysis. d) associations rules analysis e) forecasting analysis. 6. All of the following are true statements about project management except a) projects are a temporary endeavor that ends with either the accomplishment of the project's objective or projects termination. b) projects are risky because they require management of multiple resources and involve uncertainty. c) projects are routine. d) projects have a sponsor who sets the requirements and provides funding. e) projects require recourses: people, financial, and physical. 7. In project management, work Breakdown Structures (WBS) is defined as a) an oversight function that is aligned with the organization's governance model and encompasses the project life cycle b) formalizing acceptance of the project scope by a project sponsor. c) is a chart that subdivide the major project deliverables into smaller and more manageable tasks. d) a product that can quantifiably verify the completion of a task or the project itself. . As data analyst, you would use regression method for: a) clustering. b) simulation. c) prediction d) segmentation e) cost and benefit
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