Old Quizzes Flashcards
In the class, “State of the Distribution Industry - 2024 and Beyond,” it said that in terms of the
Economic Outlook that most Distributors are pessimistic (T/F)
False
In class, I listed and described several countries that were the primary causes of Geopolitical
unrest around the world. Which were listed? (4)
- North Korea
- Russia
- Iran
- China
I listed the two primary reasons for a Distributor to use ERP, CRM, and Business Analytics.
List two of those reasons.
- perform better than your competition
- grow your company & increase profits
In defining Business Analytics, Predictive Analytics was listed as the most complex and highest value of the three different types of Business Analytics. (T/F)
False
In the MDM’s Presentation last Thursday, they listed the two hottest topics in Distribution.
Name the topics
- AI
- Talent
According to Dr. Adams in his presentation, which country posed the greatest cyber threat to the United States?
China
According to Dr. Adams in his presentation, the internet was designed to be safe, and it is forgiving. (T/F)
False
According to Dr. Adams in his presentation, what is at the top of the Critical Infrastructure Hierarchy for the United States?
Electrical generation & transmission
In Predictive Analytics, what deals with the unknown and provides a “framework” to build your predictions on?
Assumptions
Which step what not in the Predictive Analytics Process Cycle?
- DONT DEPLOY FOR 3 MONTHS
- data preparation
- defining objectives
- modeling
_______ provides a “sanity check” and a “framework” to make Prescriptive Analytics more useful to ensure that you have the
necessary “bandwith” to accomplish?
constraints
Which of the following was not listed as a benefit from using Prescriptive Analytics?
- improve performance
- maximize ROI
- ADDRESS CURRENT PLANNING CHALLENGES
- mitigate risk
When using Business Analytics, you should not consider your
Customers and Competition. (T/F)
False
In addition to Texas, where else does HEB have stores?
Mexico
Which brand of products (national or HEB) provided HEB with the highest profit margins?
HEB
