Information can be used for:
A)Operational purposes only
B)Analytical purposes only
C)Operational and analytical purposes
D)Neither for operational nor for analytical purposes

Question

Quizplus · Accepted Answer

Information can be used for both operational and analytical purposes. Operational purposes include daily business activities, decision making, executing business processes and transactions, while analytical purposes include identifying patterns and relationships among data, gaining insights, identifying trends, and making predictions. Both types of purposes are important for effective decision making, planning, and managing operations.

Information Can Be Used For