As practitioners increase their knowledge in data analytics, some companies have moved towards collecting information in new and different ways. Additionally, decision makers have taken their newly collected data and devised ways that it can benefit the organization the most. Which of the following is an example of a way that organizations use data analytics in performance evaluation?
A) Providing near real-time feedback to an employee after a sales pitch with a client.
B) Providing real-time feedback about shipping times to communicate with suppliers.
C) Using algorithms to predict how likely a customer is to default on an invoice.
D) Using customer survey responses to improve dining experiences at a restaurant.

Question

Quizplus · Accepted Answer

This question requires familiarity with ways data analytics can assist with performance evaluations. Choice A is correct because providing near real-time feedback to an employee about their performance is an example of using data analytics in performance evaluation. The remaining choices are incorrect because they are all examples of ways that data analytics can be used in areas other than performance evaluation.

As Practitioners Increase Their Knowledge in Data Analytics, Some Companies