Q9. What are data-driven business decisions?
A. Decisions based on intuition or guesswork
B. Decisions based on analysis and interpretation of data
C. Decisions based on personal bias or opinion
D. Decisions based on industry trends and best practices
Correct Answer: B
Explanation:
Data-driven business decisions are decisions that are based on analysis and interpretation of data, rather than intuition or guesswork. By using data to inform decisions, businesses can make more informed choices and gain a competitive advantage.
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