What types of data are specifically required for decisions made at the managerial or administrative level?
A)Real-time transactional and POS data.
B)Internal data sales about inventory levels,orders,and customer support.
C)External and internal data that has a one to three year time horizon.
D)External data about the economy,competitors,and business trends.

Question

Quizplus · Accepted Answer

Managers and administrators require data that has a longer time horizon, typically one to three years, to make strategic decisions. This includes both internal data such as sales, inventory levels, and customer support, as well as external data about the economy, competitors, and business trends. Real-time transactional and POS data is more suited for operational decision-making at the lower levels of the organization.

What Types of Data Are Specifically Required for Decisions Made