Managers can use BI to answer tough business questions. Which of the following describes the value of knowing where the business is going?
A) A historical perspective offers important variables for determining trends and patterns.
B) Looking at the current business situation allows managers to take effective action to solve issues before they grow out of control.
C) Setting strategic direction is critical for planning and creating solid business strategies.
D) None of these.

Question

Quizplus · Accepted Answer

Setting strategic direction helps in planning and creating solid business strategies, which is crucial for understanding where the business is going and ensuring its long-term success.

Managers Can Use BI to Answer Tough Business Questions