Introduction to Business Analytics MCQs

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Which of the following is an example of data in a business?

manager’s opinion

A company slogan

A future plan

Monthly sales figures

Correct! Wrong!

Which business function is mainly concerned with employee recruitment and retention?

Marketing Analytics

Operations Analytics

HR Analytics

Financial Analytics

Correct! Wrong!

A chart showing yearly profit trends is mainly used in?

Prescriptive Analytics

Diagnostic Analytics

Predictive Analytics

Descriptive Analytics

Correct! Wrong!

Which of the following would most likely use predictive analytics?

Recording daily attendance

Predicting next month’s electricity demand

Counting current inventory

Preparing last year’s income statement

Correct! Wrong!

Which of the following best distinguishes diagnostic analytics from descriptive analytics?

Descriptive analytics gives recommendations

Descriptive analytics focuses on future events

Diagnostic analytics explains causes, while descriptive analytics summarizes results

Diagnostic analytics only uses graphs

Correct! Wrong!

Which of the following would most likely require both predictive and prescriptive analytics?

Preparing a pie chart of monthly expenses

Predicting a future shortage and deciding how much inventory to order

Counting the number of employees

Creating a report of last year’s sales

Correct! Wrong!

Which of the following is NOT usually considered a business function in business analytics?

Marketing

Poetry

Human Resources

Finance

Correct! Wrong!

Which type of analytics is performed first before other types?

Descriptive Analytics

Predictive Analytics

Diagnostic Analytics

Prescriptive Analytics

Correct! Wrong!

Which of the following examples represents the highest level of analytics maturity?

Forecasting future customer demand

Finding the cause of low profits

Automatically recommending the best action to maximize profit

Preparing a sales dashboard

Correct! Wrong!

A bank uses customer age, income, and past repayment history to automatically decide whether a loan should be approved. This is mainly?

Marketing Analytics

Diagnostic Analytics

Descriptive Analytics

Prescriptive Analytics

Correct! Wrong!

Which of the following best describes raw data?

Facts collected before analysis

A recommendation generated by software

Processed information ready for decisions

A final business report

Correct! Wrong!

Which of the following situations is the strongest example of prescriptive analytics?

A system recommends increasing advertising by 15% and reducing prices by 5%

A report shows sales declined in March

A model predicts sales will decline next month

A manager identifies that sales declined because of low advertising

Correct! Wrong!

A company notices that customer complaints rise whenever delivery time exceeds 5 days. This relationship is discovered using?

Descriptive Analytics

Prescriptive Analytics

Predictive Analytics

Diagnostic Analytics

Correct! Wrong!

Which sequence correctly matches the analytics question with the type?

What should we do? → Prescriptive

What will happen? → Descriptive

What happened? → Diagnostic

Why? → Predictive

Correct! Wrong!

A university finds that students who attend fewer than 60% of classes usually fail. This is an example of?

Prescriptive Analytics

Diagnostic Analytics

Descriptive Analytics

Predictive Analytics

Correct! Wrong!

Which of the following is the best example of Financial Analytics?

Studying why employees resign

Measuring customer satisfaction

Predicting loan default risk

Deciding the best delivery route

Correct! Wrong!

If sales increased after a new advertising campaign, which analysis of the type would help determine whether the advertisement caused the increase?

Descriptive Analytics

Prescriptive Analytics

Predictive Analytics

Diagnostic Analytics

Correct! Wrong!

Which statement about business analytics is most accurate?

It combines data, models, and technology to improve decisions

It is limited only to marketing decisions

It can only be used by large multinational companies

It depends entirely on intuition rather than data

Correct! Wrong!

Which of the following is the main output of analytics?

Raw data

Internet connection

Computer hardware

Insights for decisions

Correct! Wrong!

Which of the following is most closely related to future forecasting?

Monthly Report

Dashboard

Pie Chart

Regression Model

Correct! Wrong!

A retailer studies past customer purchases and predicts which customers may buy again. This is?

Prescriptive Analytics

Diagnostic Analytics

Predictive Analytics

Descriptive Analytics

Correct! Wrong!

Which of the following is most suitable for Operations Analytics?

Analyzing social media advertisements

Forecasting company profit

Deciding the number of products to manufacture next month

Measuring employee turnover

Correct! Wrong!

A company uses data from the last five years to estimate next year’s profit. Which statement is correct?

It is descriptive because it summarizes old data

It is diagnostic because it explains past events

It is prescriptive because it recommends action

It is predictive because it forecasts the future

Correct! Wrong!

Introduction to Business Analytics MCQS

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