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What is machine to machine?

Information is data converted into a meaningful and useful context. The truth about information is that its value is only as good as the people who use it. People using the same information can make different decisions depending on how they interpret or analyze the information.

Cheryl Steffan is the operations manager for Nature’s Bread Company, which specializes in providing natural products for health conscious individuals. Cheryl is responsible for compiling, analyzing, and evaluating daily sales numbers to determine the company’s profitability and forecast production for the next day. Which of the following is an example of a piece of data Cheryl would be using to successfully perform her job?

When evaluating the value chain, all of the following are included in the primary value activities except

The age we live in has infinite quantities of facts that are widely available to anyone who can use a computer. What age is this statement referring to?

The threat of substitute products or services refers to the power of competitors to enter a new market.

If a supplier has high power what can it do to influence its industry?

A business process is a standardized set of activities that accomplish a specific task, such as processing a customer’s order.

Which department manages the process of converting or transforming resources into goods or services?

What are descriptive analytics?