Introduction to Business Analytics MCQs

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Which type of analytics is performed first before other types?

Diagnostic Analytics

Predictive Analytics

Prescriptive Analytics

Descriptive Analytics

Correct! Wrong!

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

HR Analytics

Financial Analytics

Marketing Analytics

Operations Analytics

Correct! Wrong!

A chart showing yearly profit trends is mainly used in?

Predictive Analytics

Descriptive Analytics

Prescriptive Analytics

Diagnostic Analytics

Correct! Wrong!

Which statement about business analytics is most accurate?

It is limited only to marketing decisions

It combines data, models, and technology to improve decisions

It can only be used by large multinational companies

It depends entirely on intuition rather than data

Correct! Wrong!

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

A report shows sales declined in March

A manager identifies that sales declined because of low advertising

A model predicts sales will decline next month

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

Correct! Wrong!

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

Regression Model

Monthly Report

Pie Chart

Dashboard

Correct! Wrong!

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

Preparing a pie chart of monthly expenses

Counting the number of employees

Predicting a future shortage and deciding how much inventory to order

Creating a report of last year’s sales

Correct! Wrong!

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

Diagnostic analytics only uses graphs

Diagnostic analytics explains causes, while descriptive analytics summarizes results

Descriptive analytics focuses on future events

Descriptive analytics gives recommendations

Correct! Wrong!

Which of the following would most likely use predictive analytics?

Preparing last year’s income statement

Predicting next month’s electricity demand

Recording daily attendance

Counting current inventory

Correct! Wrong!

Which of the following best describes raw data?

Facts collected before analysis

A final business report

Processed information ready for decisions

A recommendation generated by software

Correct! Wrong!

Which of the following is most suitable for Operations Analytics?

Forecasting company profit

Analyzing social media advertisements

Measuring employee turnover

Deciding the number of products to manufacture next month

Correct! Wrong!

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

Diagnostic Analytics

Marketing Analytics

Descriptive Analytics

Prescriptive Analytics

Correct! Wrong!

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

Prescriptive Analytics

Diagnostic Analytics

Descriptive Analytics

Predictive Analytics

Correct! Wrong!

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

Prescriptive Analytics

Diagnostic Analytics

Descriptive Analytics

Predictive Analytics

Correct! Wrong!

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

Human Resources

Marketing

Finance

Poetry

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 prescriptive because it recommends action

It is predictive because it forecasts the future

It is diagnostic because it explains past events

Correct! Wrong!

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

Studying why employees resign

Predicting loan default risk

Measuring customer satisfaction

Deciding the best delivery route

Correct! Wrong!

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

A company slogan

Monthly sales figures

A future plan

manager’s opinion

Correct! Wrong!

Which sequence correctly matches the analytics question with the type?

Why? → Predictive

What happened? → Diagnostic

What will happen? → Descriptive

What should we do? → Prescriptive

Correct! Wrong!

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

Preparing a sales dashboard

Finding the cause of low profits

Automatically recommending the best action to maximize profit

Forecasting future customer demand

Correct! Wrong!

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

Descriptive Analytics

Predictive Analytics

Diagnostic Analytics

Prescriptive Analytics

Correct! Wrong!

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

Descriptive Analytics

Predictive Analytics

Prescriptive Analytics

Diagnostic Analytics

Correct! Wrong!

Which of the following is the main output of analytics?

Raw data

Internet connection

Insights for decisions

Computer hardware

Correct! Wrong!

Introduction to Business Analytics MCQS

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