Which term describes decisions made based on data analysis rather than intuition?

Which term describes decisions made based on data analysis rather than intuition?

• A. Data-driven business decisions
• B. Data monetization
• C. Big Data
• D. Flow chart concepts

Answer: (A)

Making decisions based on data analysis rather than intuition means using evidence from data to guide choices. This approach, often called data-driven decision making, relies on gathering relevant metrics, performing analysis, and using the results to compare options, forecast outcomes, and measure success against goals. It helps reduce personal biases, improve consistency, and make it easier to see how decisions perform over time. Practically, teams rely on dashboards, reports, and analytics to support choices while maintaining data quality and governance so the analyses are reliable. The other terms describe different ideas: turning data into revenue is data monetization; Big Data refers to the scale and complexity of data rather than how decisions are made; flow chart concepts deal with mapping processes and decision points rather than basing decisions on data.

Making decisions based on data analysis rather than intuition means using evidence from data to guide choices. This approach, often called data-driven decision making, relies on gathering relevant metrics, performing analysis, and using the results to compare options, forecast outcomes, and measure success against goals. It helps reduce personal biases, improve consistency, and make it easier to see how decisions perform over time. Practically, teams rely on dashboards, reports, and analytics to support choices while maintaining data quality and governance so the analyses are reliable. The other terms describe different ideas: turning data into revenue is data monetization; Big Data refers to the scale and complexity of data rather than how decisions are made; flow chart concepts deal with mapping processes and decision points rather than basing decisions on data.