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Changes in Consumer Preferences, Tax Laws, Interest Rates, Levels of Risk

Question 45

Multiple Choice

Changes in consumer preferences, tax laws, interest rates, levels of risk, exchange rates, demand for employees and their expertise, etc. are all conditions a company regularly face. Predicting and addressing these changing conditions requires what kind of analytics?


A) Descriptive
B) Diagnostic
C) Predictive
D) Prescriptive

Correct Answer:

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