A credit card provider uses a software to determine the likelihood of customers defaulting on their payments.The software assigns a credit score to each customer based on their past transactional records.This software is an example of a ________ system.
A) project management
B) business intelligence
C) collaboration
D) budgeting

Question

Quizplus · Accepted Answer

The software used by the credit card provider is an example of a business intelligence system, as it helps the business make informed decisions by analyzing and interpreting data related to customer credit scores. This system is specifically designed to provide insights into customer behavior and patterns to assist with risk management related to default payments. A project management system is focused on managing projects and tasks, a collaboration system facilitates communication and teamwork, and a budgeting system is focused on financial planning and forecasting.

A Credit Card Provider Uses a Software to Determine the Likelihood