Data-driven businesses have lower quality and speed of execution of plans because of the time-consuming nature of the data analysis process.

Question

Quizplus · Accepted Answer

Data-driven businesses are able to make more informed and accurate decisions because they rely on data analysis to inform their plans. This can actually lead to higher quality and speed of plan execution. However, the data analysis process can be time-consuming, so businesses need to be proactive in managing their data and streamlining their analysis processes in order to maximize its benefits.

Data-Driven Businesses Have Lower Quality and Speed of Execution of Plans