Solved

Edwin, a Sales Manager, Just Finished Reading Some Sales Statistics

Question 101

Multiple Choice

Edwin, a sales manager, just finished reading some sales statistics comparing his company's performance to that of competitors. The statistics summarize a mass of raw figures into a few meaningful measures that Edwin will use to determine whether he needs to change his sales strategy. The statistics in the printout are


A) information, while the raw figures used to compute the statistics are data.
B) data, while the raw figures used to compute the statistics are information.
C) less useful to Edwin than the raw figures would have been, since summarizing the figures necessarily reduces their accuracy.
D) an example of how managers have a tendency to oversimplify by reducing complex issues into a few simple numbers.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents