Problem Solving and Effective Questioning Flashcards

1
Q

Define structured thinking.

Best to think of a familiar business problem

Beneath ‘why’. Why are travel times taking so long?

A

It is the process of identifying a current problem and organizing available information to reveal gaps and opportunities, from which options arise to solve the problem.

its like examining a structure

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2
Q

What does marketing analytics entail?

A

measuring and managing a company’s marketing strategy and budget.

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3
Q

In marketing analytics what were three important questions when trying to find who to advertise to?

A
  1. Who is the target audience
  2. How can they be reached?
  3. What is the budget?
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4
Q

True or false

In preparing for data analysis, one should ensure to collect data in a clean and digestible format in the data storage platform they choose.

A

True

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